Powell will remain on Fed board until DOJ probe is over
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Powell will remain on Fed board until DOJ probe is over.
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Jerome Powell, who is nearing the end of his tenure as chair of the Federal Reserve, explains that he had long planned to retire from the Fed when his term ended, but now plans to stay on until a DOJ investigation is "well and truly over with transparency and finality."
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Powell Says He Will Stay on as Fed Governor After Term as Chair Ends.
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