The remarks come after President Donald Trump has repeatedly attacked Powell and the Fed for not bringing interest rates lower, raising pointed questions about the central bank’s independence.
3 minute read
Gov. Christopher Waller and Vice Chair for Supervision Michelle Bowman both spoke publicly on Friday after markets nearly priced out rate cuts entirely for 2026.
3 minute read
Trump’s remarks could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair.
3 minute read
The Fed chair made clear that he won’t simply “look through” the surge in crude prices, breaking with the playbook for energy shocks.
4 minute read
The nominee still doesn’t have a Senate confirmation hearing date, although Jerome Powell’s term as chair technically ends May 15.
Long Read
Growth, inflation, jobs, war. The picture is bleaker than it was a month ago, and lower interest rates may not be the answer.
4 minute read
The Fed chair’s legal counsel says Powell’s resignation from the board was never meant to be used as a bargaining chip.
Long Read
The Trump administration will appeal the ruling, Pirro said during a Friday press conference.
4 minute read
Anna Paulson is the president and CEO of the Federal Reserve Bank of Philadelphia.
1 minute read
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