Powell plans to keep “low profile,” and not be “shadow chair” to Warsh

• Powell asserts he would not be a 'shadow chair' after his term, respecting the office.
• He highlights his experience as a governor under previous chairs, understanding the dynamics of the role.
• Powell stresses the chair's role in developing consensus among governors, rather than exercising outsized influence.

Jerome Powell, then Federal Reserve Chair, discusses his future role after stepping down, stating he intends to keep a 'low profile' and would not act as a 'shadow chair' to his successor. He emphasizes respect for the chair's role and the importance of consensus-building within the Fed.