Powell addressed the question of whether he will stay on as a Board of Governors member after his term as chair ends.

Federal Reserve Chair Jerome Powell is drawing backlash from Trump administration figures and allies after announcing his plans to stay at the central bank beyond his chairmanship. Powell said Wednesday that he will remain on the Fed board for an undetermined amount of time after Kevin Warsh takes over as chair given the various legal threats he believes the bank still faces.

A major change in monetary policy could have wide-ranging impacts on investors.

Jerome Powell is staying at the Federal Reserve precisely because Trump used a criminal investigation to try to influence interest rates.

Federal Reserve Chair Jerome Powell said the economic outlook is "highly uncertain" as the Fed voted to keep rates in the 3.5% range, citing inflation pressures from the Iran conflict. The move comes amid a sharp divide among policymakers and investor ...

“We do think our policy is in a good place."