Fed Chair Powell (Q&A) says he wants to see the investigation well and truly over, with transparency; will leave when he thinks it is appropriate to do so

Newsquawk StaffFederal Reserve newsPublished 29 Apr 2026, 19:11 UTC

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18:54

Fed Chair Powell (Q&A) says he would never be a 'shadow Fed Chair', he respects the role of Fed Chair

18:53

Fed Chair Powell (Q&A) says Fed credibility is not driving his decisions on staying on as Governor

18:51

Fed Chair Powell (Q&A) says he wants to see the investigation well and truly over, with transparency; will leave when he thinks it is appropriate to do so

18:50

Fed Chair Powell (Q&A) says he does not see the labour market as a source of inflation

18:48

CNBC's Cassella says she asked Press Sec Leavitt on Monday if Trump was still considering firing Powell if he stayed on as a Fed governor, and she said "I think the President will be satisfied once Kevin Warsh is confirmed as the Fed chair"

On the Newsquawk feed at 18:51, 20 minutes before this page.

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Context

Fed Chair Powell’s comments signal a desire for clarity and resolution regarding ongoing investigations, suggesting that he may be open to stepping down once the situation stabilizes. This could be seen as a dovish signal if the market interprets his potential departure as linked to broader uncertainties facing the Fed's policy direction. Traders should monitor how this impacts expectations for future rate hikes and the dollar's performance against other currencies, particularly in a time of heightened scrutiny.

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