Fed Chair Jerome Powell said that if Kevin Warsh is not confirmed by May 15, he would remain on the board and serve as chair pro tempore, citing recent Fed precedent. On the DOJ investigation, Powell said, “I have no intention of leaving the board until the investigation is well and truly over.” Asked if he would leave once the probe ends, he added, “I have not made that decision.”

2026-03-19

Fed Chair Jerome Powell said that if Kevin Warsh is not confirmed by May 15, he would remain on the board and serve as chair pro tempore, citing recent Fed precedent. On the DOJ investigation, Powell said, “I have no intention of leaving the board until the investigation is well and truly over.” Asked if he would leave once the probe ends, he added, “I have not made that decision.”