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Jerome Powell says he will continue to serve as a Fed governor, calls Trump criticism 'unprecedented'
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- Federal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank's headquarters continues.
- "I've said that I will not leave the board until this investigation is well and truly over with transparency and finality, and I stand by that.
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Federal Reserve Chair Jerome Powell on Wednesday said he will stay on the Board of Governors for an indefinite period while a probe into the renovation of the central bank's headquarters continues.
"I've said that I will not leave the board until this investigation is well and truly over with transparency and finality, and I stand by that. I'm encouraged by recent developments, and I'm watching the remaining steps in this process carefully," Powell said near the beginning of his post-meeting news conference.
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