Federal Reserve Chair Jerome Powell on Wednesday announced he will remain a member of the Fed's Board of Governors after his term as chairman ends next month, though he added that he won't be a "shadow Fed chair." The outgoing Fed chair hosted his final news conference after the Federal Open Market Committee (FOMC) voted to hold interest rates steady at the current range of 3.5% to 3.75%. The news conference occurred hours after the Senate Banking Committee voted to advance his successor as Fed chair, forme ...