["Fed's Mouthpiece": Powell Restrains Trump's Ability to "Flex His Muscles" at the Fed] According to a report by Jinse Finance on March 19, "Fed's mouthpiece" Nick Timiraos stated that Federal Reserve Chairman Jerome Powell said he would continue to serve as Fed Chair if his successor is not confirmed before his term ends on May 15. This is his most direct statement so far regarding the upcoming leadership transition at the Federal Reserve. Powell further stated that as long as the Department of Justice's investigation into him remains unresolved, he will not leave the Federal Reserve Board. Powell mentioned that he has not yet decided whether he would continue to serve as a Fed Board member if the investigation concludes and a successor takes over as Chair. It has been confirmed that after Powell's term as Chair ends, he can remain on the Federal Reserve Board until 2028. Powell's decision has significant implications for Trump's ability to reshape the structure of the Federal Reserve. If Powell remains on the Board, Trump will lose an opportunity to appoint someone of his own choosing. Currently, three of the seven members of the Federal Reserve Board were appointed by Trump.