"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...

Federal Reserve Chair Jerome Powell intends to tell House lawmakers today that the central bank is "well positioned to wait" on any interest rate adjustments until it has more clarity on how ...

The president wants to get rid of the Fed chair—if the markets will let him. We all have to hope he won’t gamble on that.

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...

Federal Reserve Chairman Jerome Powell is set to face questions from lawmakers about inflation, the possibility of recession, and much more this week as he makes required semiannual appearances ...

Powell appeared Tuesday before the Senate Banking Committee to deliver his semiannual monetary policy report to Congress. He heads to the House Financial Services Committee on Wednesday to address ...

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged ...

business | Banking Powell tells Congress that Fed still in no rush to lower rates The central bank left rates unchanged in January amid inflationary pressure. By Bloomberg Wire Feb. 11, 2025 | ...

Federal Reserve Chairman Jerome Powell said Wednesday that Congress should extend enhanced unemployment insurance “in some form” after a $600 increase to current benefit levels expires on July 31.