Jerome Powell, the Chair of the Federal Reserve, has made it clear that he has no intention of stepping down until the ongoing Department of Justice (DOJ) investigations are concluded and his successor is confirmed. In a series of statements, Powell emphasized his commitment to remain in his role while addressing the current economic climate, including considerations around interest rates and oil prices. He indicated that he would continue to serve in the position of chair, potentially even beyond the end of his term, to ensure stability during this period of scrutiny. Powell’s decision comes as the Fed holds interest rates steady amidst rising concerns linked to geopolitical issues, particularly in Iran.