Powell confirms he will step aside at the end of his term as chair but remain on the Fed’s board

In his final press conference before he steps down on May 15, Federal Reserve Chair Jerome Powell stressed the importance of Fed independence.

Fed Meeting Today: Officials Hold Rates Steady as War Clouds Economic Outlook; Jerome Powell to Stay on as a Fed Governor

It was Fed decision day Wednesday, and it was also likely the last time that Jerome Powell presided over the Federal Reserve's policy committee. It won't be the last time we'll see him at the central ...
The Financial Express

FOMC Meeting: The Fed decides today, but the bigger shock may be hidden in Powell’s last press conference

This is expected to be Powell's last FOMC press conference as Fed Chair, with Kevin Warsh awaiting Senate confirmation to take over as early as May.