His announcement puts pressure on the DOJ to drop the investigation, which has held up President Donald Trump’s nomination of Kevin Warsh to lead the central bank.

FedChair Jerome Powell says he will not step down from the central bank's board until an investigation launched by President Trump's Justice Dept. is closed

Federal Reserve Chair Jerome Powell said Wednesday he would not step down as leader of the central bank until his successor is confirmed and would not leave the bank’s board of governors until the Trump administration concludes its criminal investigation.

Federal Reserve Chair Jerome Powell said he intends to stay on the central bank's Board of Governors until the Department of Justice investigation into his handling of building renovations is "well and truly over,