Fed Chair Will Stay Put Until New Chair is Confirmed by Senate
Federal Reserve Chair Jerome Powell announced he will stay on as chair pro tem if his nominated successor Kevin Warsh is not confirmed by the Senate before May.
Federal Reserve Chair Jerome Powell announced he will stay on as chair pro tem if his nominated successor Kevin Warsh is not confirmed by the Senate before May.
Powell said he has "no intention" of leaving the central bank until a Justice Department probe into building renovations at the Fed is over.
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