According to the Wall Street Journal, Federal Reserve Chair Jerome Powell stated at a press conference following the interest rate decision that he has no intention of leaving the Federal Reserve Board until the Department of Justice investigation into related matters is "thoroughly concluded with transparency and finality." His chairmanship term is set to expire on May 15, 2026, but his board membership term can extend until 2028. The report notes that if successor Kevin Warsh fails to complete Senate confirmation before May 15, Powell will continue to serve as acting chair by law; Warsh's confirmation process is currently also affected by the progress of the investigation.