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

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The central bank chair said he had “no choice” but to remain at the Federal Reserve as it faces a “series of legal attacks.”

Powell’s term as the central bank chair expires next month.

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

Jerome Powells Amtszeit als Fed-Chef endet Mitte Mai. Doch er will als gewöhnlicher Notenbankgouverneur bleiben – und treibt damit Trump zur Weißglut.

US Federal Reserve Chair Jerome Powell on Wednesday urged central bank independence as he nears the end of his term on May 15. He said he would remain a Fed governor, drawing…