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

After eight years spanning three administrations, 66 interest-rate-setting meetings, a pandemic, a criminal probe and countless attacks from the Trump administration, Jerome Powell capped his final policy meeting as chair of the Federal Reserve on Wednesday.

U.S. Attorney Jeanine Pirro had subpoenaed Powell but a court threw out the effort, which Pirro has vowed to appeal. Pirro in recent days referred the investigation to the Fed's inspector general, removing the criminal element and helping clear a political roadblock that had threatened to stall Warsh's confirmation.

In his final news conference as Fed chair on Wednesday, Jerome Powell said he plans to remain on the Federal Reserve’s board of governors after May 15.

Federal Reserve Chair Jerome Powell is set to deliver his final press conference before he is due to step down on May 15.

Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence.

Powell will still be around to be Trump’s punching bag and take at least some of the flak for Warsh.

In the likely final meeting of Jerome H. Powell’s term as chair, the Fed left rates unchanged. A senate panel earlier Wednesday approved Kevin Warsh to succeed him.