Powell 'certainly' intends to stay at Fed until chairmanship ends

11 hours ago · Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making it clear the central bank is not "in a hurry" to …

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Will Powell remain on the Fed's board after his term ends?

When he was asked during an appearance in Dallas under what circumstances he would consider remaining on the Fed's board after his term as chair ends in May 2026, Powell responded, "I'll certainly serve to the end of my chair term and that's really all I've decided and all I'm thinking about." ...

Will Powell be the first Fed Chair in 7 decades?

Powell, asked at an event in Dallas whether he would consider being the first Fed chair in more than seven decades to remain on the Fed board after no longer serving as its leader, said only that he is committed to serving out his term as chair. "I'll certainly serve to the end ... of my chair term," Powell said. ...

Will Jerome Powell finish his current fed leadership term?

REUTERS/Kevin Mohatt/File Photo (Reuters) - Federal Reserve Chairman Jerome Powell said Monday he will definitely finish the full scope of his current central bank leadership term. Asked at an Economic Club of Washington, D.C. event if he will fulfill his Fed chairman term slated to end in May 2026, Powell responded "yes." ...

Will trump allow Powell to serve a long term?

President-elect Donald Trump remains likely to allow Federal Reserve Chair Jerome Powell to serve out the remainder of his term, which expires in May 2026, according to a senior adviser to Trump who requested anonymity to describe private conversations. ...

Will Jerome Powell leave the Federal Reserve?

WASHINGTON, July 15 (Reuters) - Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring cold water on assertions by some loyalists to Donald Trump that Powell would be swiftly out of a job should the former president regain the White House. ...

When does Powell's term expire?

"And that's really all I've decided, and all I'm thinking about." Powell's term as a Board of Governors member expires in January 2028. The last former Fed chair to continue serving beyond their term as its leader was Marriner Eccles, who ceased being the Fed's leader in January 1948, but continued on the board until July 1951. ...