Jerome Powell

American banker

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Judge blocks subpoenas against Fed Chair Jerome Powell in political pressure case
politics Mar 13, 2026, 1:00 AM
Judge blocks subpoenas against Fed Chair Jerome Powell in political pressure case
  • A federal judge ruled against the Justice Department's subpoenas targeting Federal Reserve Chairman Jerome Powell.
  • The judge noted there was minimal evidence of wrongdoing, labeling the subpoenas as a means of political pressure.
  • This ruling reinforces the independence of the Federal Reserve amid ongoing political scrutiny.
900
Trump advisor blames Powell for high mortgage rates and economic struggles
business Feb 2, 2026, 11:44 AM
Trump advisor blames Powell for high mortgage rates and economic struggles
  • Kevin Hassett criticized Jerome Powell for allowing interest rates to rise dramatically, affecting mortgage rates and rents.
  • There is ongoing political friction regarding Powell's leadership and a Department of Justice investigation into his congressional testimony.
  • The nomination of Kevin Warsh as Fed Chair could change the Fed's monetary policy direction and restore stability.
300
Jerome Powell defends Federal Reserve independence despite criminal probe
politics Jan 26, 2026, 12:49 PM
Jerome Powell defends Federal Reserve independence despite criminal probe
  • The Federal Reserve opted to maintain key interest rates amidst pressure from the Trump administration.
  • Jerome Powell is facing a criminal investigation related to his conduct regarding a multi-billion dollar renovation project.
  • This tension highlights the ongoing struggle for the Fed's independence in the face of political pressures and criticism.
800
Trump narrows down selection for next Fed chair amidst tensions with Jerome Powell
politics Jan 21, 2026, 10:55 PM
Trump narrows down selection for next Fed chair amidst tensions with Jerome Powell
  • Donald Trump has indicated that he has narrowed down his selection for a successor to Jerome Powell.
  • A criminal investigation into Powell by the Department of Justice has further complicated the relationship.
  • The choice of the new Fed chair is likely to reshape the central bank's direction significantly.
200
Senator urges Powell to resign amid DOJ investigation
politics Jan 13, 2026, 10:34 PM
Senator urges Powell to resign amid DOJ investigation
  • A criminal investigation was launched by the Justice Department focusing on Jerome Powell's congressional testimony regarding renovations to the Federal Reserve headquarters.
  • Senator Kevin Cramer suggested that Powell should resign to potentially halt the investigation into his actions.
  • The ongoing scrutiny raises questions about the independence of the Federal Reserve and its ability to function without political interference.
500
Trump investigates Jerome Powell over Federal Reserve policies
politics Jan 12, 2026, 1:00 AM
Trump investigates Jerome Powell over Federal Reserve policies
  • Jerome Powell faces a criminal investigation related to renovation costs of the Federal Reserve buildings.
  • Donald Trump has pressured Powell to lower interest rates for economic growth.
  • The situation raises concerns about the independence of the Federal Reserve and the impact of political pressures.
2260
Jerome Powell warns about the reality of a K-shaped economy
business Dec 12, 2025, 10:31 AM
Jerome Powell warns about the reality of a K-shaped economy
  • The Federal Reserve acknowledges signs of a K-shaped economy affecting different income groups.
  • Jerome Powell highlights data collection issues potentially overstating job creation.
  • The central bank's current policies aim to stabilize the labor market amid a complex economic scenario.
200
Federal Reserve rate cuts signal potential economic danger, warns economist
business Dec 10, 2025, 1:00 AM
Federal Reserve rate cuts signal potential economic danger, warns economist
  • Claudia Sahm cautions about underlying weaknesses in the labor market despite the recent rate cut by the Federal Reserve.
  • Unemployment has increased for three months in a row, indicating potential economic risks.
  • Sahm warns that additional rate cuts may reduce pressure on the economy, but inflation remains a significant concern.
100
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business Dec 9, 2025, 12:06 AM
Federal Reserve prepares for contentious rate cut amid dissension
  • The Federal Reserve is likely to implement a third consecutive rate cut due to conflicting economic indicators.
  • Divisions within the Fed have increased as some members oppose further rate reductions, marking a pattern of dissent.
  • A hawkish cut may signal the Fed’s desire to assess the economic landscape before making more adjustments.
100
Kevin Hassett hints at major Federal Reserve changes if appointed
politics Dec 8, 2025, 9:06 AM
Kevin Hassett hints at major Federal Reserve changes if appointed
  • Kevin Hassett is favored to replace Jerome Powell as Fed Chair amidst concerns of undermined independence.
  • He aims to refocus the Fed on monetary policy and plans to overhaul staff and research divisions.
  • Such potential changes could shift the Fed's role towards political influence rather than economic expertise.
200
Fed prepares for contentious rate cut amid economic concerns
business Dec 8, 2025, 1:00 AM
Fed prepares for contentious rate cut amid economic concerns
  • The Federal Open Markets Committee is preparing for a meeting where a rate cut is expected.
  • Divisions within the committee are apparent regarding the balance between inflating concerns and a weak labor market.
  • Market movement is likely to be on hold until the Fed announcement, signaling a cautious approach.
200
Kevin Hassett emerges as leading contender for Federal Reserve chair
politics Nov 30, 2025, 3:36 PM
Kevin Hassett emerges as leading contender for Federal Reserve chair
  • President Donald Trump has selected his nominee for the next Federal Reserve chair.
  • Kevin Hassett is seen as the top candidate and has expressed his willingness to serve.
  • The decision is expected to have significant implications for monetary policy in the U.S.
600
Fed's Jerome Powell signals a likely rate cut amid rising employment concerns
business Nov 24, 2025, 1:00 AM
Fed's Jerome Powell signals a likely rate cut amid rising employment concerns
  • Wall Street's perception of a potential interest rate cut shifted dramatically following comments from the Fed officials.
  • John Williams highlighted increased risks to employment, altering expectations for December's FOMC meeting.
  • The stock market rallied as investor confidence grew, reflecting a strong rebound in tech stocks and optimism for the Fed's forthcoming actions.
500
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