WASHINGTON, April 29 (Xinhua) -- U.S. President Donald Trump on Wednesday blasted Federal Reserve Chairman Jerome Powell after the central bank chief said he would stay on as a governor.

"Jerome 'Too Late' Powell wants to stay at the Fed because he can't get a job anywhere else -- Nobody wants him," Trump wrote on his Truth Social account.

Since starting his second presidency, Trump has repeatedly attacked Powell for not lowering the interest rates as quickly as the U.S. president wanted.

Powell announced the decision to stay on at a press conference after a Federal Reserve meeting on Wednesday that decided to maintain its target range for the federal funds rate at 3.5-3.75 percent as high energy prices added inflationary pressures.

Noting that it is his last press conference as chair, Powell said he would continue acting as a Fed governor after his chairmanship concludes on May 15.

He added that he plans to keep a low profile as a governor, and will not do the "shadow chair thing."

"The things that have happened really in the last three months have ... left me no choice but to stay until I see them through at least that long."

"I respect the role of chair," he said. "I was a governor for six years, and I know what that's like."

Also on Wednesday, the U.S. Senate Committee on Banking, Housing and Urban Affairs advanced confirmation of Kevin Warsh's nomination as the next Federal Reserve chair with a vote on party lines.

Extending his congratulations to Warsh, Powell expressed his faith in the Fed's core tenet of fostering "the economic conditions in which American families and businesses can thrive -- stable prices, a strong job market, and a financial system they can depend on."

Powell said he believed Warsh will stand up to political pressure from Trump, as "he testified very strongly to that effect in his hearing."

Earlier this month at his confirmation hearing before the Senate Banking Committee, Warsh said he would not lower interest rates solely because the president demanded it during his confirmation hearing before the Senate Banking Committee. ■