Federal Reserve Chair Jerome Powell expressed approval for the Department of Justice's announcement last Friday regarding the cessation of its investigation into him. According to Odaily, the DOJ assured over the past weekend that it would not reopen the investigation unless there is a criminal referral. Powell stated that he would not leave his position until the DOJ investigation is completely concluded. He plans to remain as a board member after May 15, with the duration of his tenure yet to be determined, and will depart from the Federal Reserve at an appropriate time while maintaining a low profile.