[Deutsche Bank: Powell May Remain as Governor After Stepping Down as Fed Chair] According to CLS on December 3, Deutsche Bank stated on Tuesday that after Federal Reserve Chair Jerome Powell's term ends, he can still serve on the Board of Governors and noted that he may take this approach. The bank's analysts pointed out that if the political environment is perceived as threatening the Fed's independence in setting monetary policy, Powell may choose to follow the example of former Fed Chair Marriner Eccles.