U.S. Attorney Jeanine Pirro had subpoenaed Powell but a court threw out the effort, which Pirro has vowed to appeal. Pirro in recent days referred the investigation to the Fed's inspector general, removing the criminal element and helping clear a political roadblock that had threatened to stall Warsh's confirmation.

US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,

The US Federal Reserve is expected to hold rates steady at latest meeting, with Fed Chair Jerome Powell's press conference likely to signal future rate cut timing. The Fed decision is likely to impact Indian markets on Thursday.

His time leading the Federal Reserve ends on 15 May and was marked by frequent attacks from President Trump, who wanted lower interest rates.

Earlier this morning, a Senate panel voted to advance Kevin Warsh's nomination as Federal Reserve chair. Read more here. Warsh's nomination now goes to a vote in the broader Senate. If he clears the rest of the process,

It's Fed decision day. It's also likely to be the last time that Jerome Powell presides over the Federal Reserve's policy committee. Follow our live coverage.