According to Federal Reserve insider Nick Timiraos' analysis, the conditions for Federal Reserve Chairman Jerome Powell's departure are under close scrutiny. Powell initially stated that he would not leave until the investigation into the Federal Reserve was "thoroughly completed, with transparency and finality." However, Timiraos noted that Powell seemed to set broader standards in late April, saying his departure would depend on what he believed was best for the institution, including a return to the laws and practices that "allow the Federal Reserve to do its own thing."