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Fed’s Barr Warns of Risks Tied to Looser Wall Street Bank Rules

Michael Barr, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on Thursday, March 19, 2026. In fresh projections released Wednesday, officials maintained their call for one rate cut this year, according to the median estimate. Photographer: Al Drago/Bloomberg

Bloomberg Markets 4d ago

Fed’s Waller Says Stablecoins to Broaden Reach of US Policy

Christopher Waller, governor on the US Federal Reserve Board, speaks during a private session at the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. The theme of this year's annual meeting is “The Great Realignment: Navigating AI, Demographic, and Geoeconomic Shifts.”

Bloomberg Markets 10d ago

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,...

The Independent World 9d ago

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”...

Al Jazeera 9d ago

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

BOSTON — Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities, courts, Congress and the central bank “the foundation and the embodiment of our democracy” and argued that the Fed’s independence was a...

Politico EU 9d ago

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.

Channel News Asia 9d ago

Powell uses JFK award speech to defend Fed from political pressure

Powell uses JFK award speech to defend Fed from political pressure Former Fed chair urges protection of America’s democratic institutions, warns they face a ‘stress test’ Former US Federal Reserve chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honouring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library, Powell called...

South China Morning Post 9d ago

100 days into Iran war, Americans face higher prices

100 days into Iran war, Americans face higher prices On average, US households have spent $750 more in expenses due to the war, hitting middle- and lower-income people hard. A hundred days into the US-Israel war on Iran, Americans are facing increasing financial pressure at the pump and at the grocery store in an economy already facing headwinds from United States President Donald Trump’s domestic and foreign policies, including tariffs. The war is unpopular, with 66 percent of Americans...

Al Jazeera 3d ago

Trump names Bill Pulte acting director of national intelligence

President Donald Trump named Federal Housing Finance Agency Director Bill Pulte as acting director of national intelligence on Tuesday, a surprise move that would elevate a political ally with no known background in intelligence to a key national spy post. Pulte will take over for Tulsi Gabbard, who announced plans to leave the DNI post at the end of this month. Pulte has used his perch at the housing finance regulator to push for investigations into Trump’s perceived political...

Politico EU 8d ago

One Reason Trump Might Have Chosen His New Intelligence Chief

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. There are two reasonable reactions to the news that Bill Pulte has been named acting director of national intelligence: “Who?” and “Him?” Pulte, the current head of the Federal Housing Finance Agency, will replace Tulsi Gabbard, who announced her departure last month after an unhappy and unempowered spell as the...

The Atlantic 7d ago