Powell: Welcomes DOJ dropping investigation, will remain as governor after stepping down as Chair

Odaily Planet Daily News: Federal Reserve Chair Jerome Powell stated that he welcomes last Friday's announcement by the Department of Justice to drop the investigation into him. Over the past weekend, the DOJ provided assurances that the investigation would not be reopened unless there is a criminal referral. "I will not leave before the DOJ's investigation is completely concluded." He will continue to serve as a governor after May 15th for an undetermined period and will leave the Fed at an appropriate time. He intends to serve as a governor with a low profile. (Jinshi)