Jerome Powell Plans to Remain Fed Chair Until Kevin Warsh Is Confirmed

Powell’s seat on the Board of Governors doesn’t end until early 2028, and he has not said whether he will leave the central bank before his term expires.

Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee (FOMC) meeting in Washington on March 18, 2026. Madalina Kilroy/The Epoch Times

Federal Reserve Chair Jerome Powell plans to remain as head of the U.S. central bank until his nominated successor, Kevin Warsh, is confirmed.

Speaking to reporters at the post-meeting press conference on March 18, Powell stated that he would serve as “chair pro tem” if President Donald Trump’s pick to lead the Fed is not approved by the Senate.