Powell's term as Fed chair is scheduled to end on May 15, but he could elect to stay on the board to finish his term as a Fed governor. WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that he has “no intention” of leaving the central bank until a Justice Department investigation related to his testimony about a building renovation is “truly over.” Powell’s term as Fed chair is scheduled to end on May 15, but he could elect to stay on the board to finish his term as a Fed