Federal Reserve Chairman Powell delays decision on continuing service on the Board

SpeakWithHatOn · 2026-02-09T00:04:32+00:00

Jerome Powell, Chair of the Federal Reserve, has not yet decided whether to stay on the Board after his term ends. His term as a member is valid until 2028. Recently, he clarified that managing the dollar's value falls to the Treasury, not the Fed.

SpeakWithHatOn

2026-02-09 00:04:32

Abstract generation in progress

New developments are drawing attention regarding the future of Federal Reserve Chair Jerome Powell. As the current chair’s term comes to an end, Powell has not yet made a final decision on whether to remain on the Board of Governors.

Term as a Board Member Until 2028 and Future Status

According to NS3.AI, Powell’s current qualification as a Board member is valid until 2028. This indicates the period during which his legal position within the Federal Reserve Board is secured. It remains uncertain whether he will continue to be involved as a Board member after stepping down as Chair or if he will fully withdraw from the position.

Clarification on the Scope of Authority in Managing the US Dollar’s Value

In response to recent questions, Chair Powell avoided giving a direct answer but addressed who is responsible for controlling and managing the value of the US dollar. He clearly stated that currency value management is primarily the responsibility of the Department of the Treasury, not the Federal Reserve. This statement serves to reaffirm the division of roles between the central bank and fiscal authorities.

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