Federal Reserve Chair
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Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference
Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fireSign up for the Breaking News US newsletter emailJerome Powell, the former chair of the Federal Reserve, has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank. As Donald Trump’s administration continues to test the Fed’s longstanding independence, Powell said in a speech...
Ex-Federal Reserve chair Jerome Powell sounds alarm over political interference
Powell says central bank has been facing ‘stress test’ under Trump, as supreme court weighs decision on Fed governor that president tried to fireSign up for the Breaking News US newsletter emailJerome Powell, the former chair of the Federal Reserve, has warned that a single act of political interference in monetary policy could permanently destroy public trust in the central bank. As Donald Trump’s administration continues to test the Fed’s longstanding independence, Powell said in a speech...
Kevin Warsh: Trump ally at the Federal Reserve?
Never before has a chair of the US Federal Reserve been so controversial. Who is Kevin Warsh? Can he preserve the Fed's independence, or will he become Donald Trump's puppet?
Jay Powell warns Federal Reserve is undergoing ‘stress test’
Former chair says Donald Trump’s attempts to fire central bankers undermine the rule of law
Warsh set to revamp Federal Reserve’s signalling to Wall Street
Former top officials say central bank chair is keen to roll back forward guidance on rates
Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump
Former Fed chair Jerome Powell issues stark warning as he’s honored for standing up to Trump Speaking at the John F. Kennedy Presidential Library in Boston, Powell underscored the critical role of universities, courts, Congress, and the Federal Reserve, describing them as "the foundation and the embodiment of our democracy” - Bookmark - CommentsGo to comments Jerome Powell, the former Federal Reserve Chair, used a major public appearance to champion the independence of vital institutions,...
Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
Federal Reserve Chair Kevin Warsh has hired two conservative economic policy researchers to work with him at the central bank, a person familiar with the matter told CNBC. The two researchers are Paul Winfree, the author of the chapter on the Federal Reserve in the conservative policy blueprint "Project 2025," and Daniel Heil, a fellow at Stanford's Hoover Institution think tank, where Warsh held a position before joining the Fed. The two are "working as temporary contractors to support...
Outgoing chair Powell delivers defence of Fed independence
Outgoing chair Powell delivers defence of Fed independence WASHINGTON: Outgoing US Federal Reserve chair Jerome Powell on Sunday (May 31) delivered a staunch defence of the need for the central bank to maintain independence and credibility, as it comes under assault from President Donald Trump. "Like many other institutions, the Fed has been undergoing a stress test," he said as he accepted an award from the John F Kennedy Library Foundation.
Kevin Warsh sworn in as Fed chair as Trump faces backlash over economy
Kevin Warsh has been sworn in as the chair of the US Federal Reserve, taking charge of the world's largest economy. He assumes this role as the Trump administration faces increasing criticism regarding the cost of living. The Federal Reserve is currently under pressure from the US president to reduce interest rates despite rising prices.
Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks
Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era. Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test”...