News

Jerome Powell must quit to save the Fed, one prominent economist says
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
Fed Chair Powell Opens Conference Without a Word on Monetary Policy
In opening a Federal Reserve conference on banking regulation on Tuesday, Chair Jerome Powell skipped making any controversy ...
Why some economists think Powell should resign to save Fed independence
Mohamed El-Erian and Jeremy Siegel think Jerome Powell's resignation would ultimately bolster the independence of the central ...
Fed chair Jerome Powell resignation letter fake appears to dupe Trump-boosting Republican senator
A fake resignation letter generated by AI fooled Utah Senator Mike Lee into thinking that Jerome Powell, chair of the Federal ...
Federal Reserve Banking Conference Avoids the Powell Drama
The Federal Reserve held a first-of-its-kind conference Tuesday to meet the banks they help regulate. The event was the ...
Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, ...
3 Rumors That Fed Chair Powell Might Not Address At July's FOMC Meeting
On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair ...
White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and ...