Tag Archives: Jerome H. Powell

FOMC raises the borrowing rate half a percentage point, capping a series of four consecutive three-quarter-point hikes.

In a letter to Federal Reserve Chair Jerome Powell, Rep. Maxine Waters addressed the Fed’s recent rate hikes, the impact on the nation’s housing crisis, and the effects of ongoing inflation.

A special Executive Session of the Senate Banking Committee voted on advancing Sandra Thompson as Director of the FHFA, among other key nominations.

The House Financial Services Committee will host a virtual hearing to discuss measures taken by the federal government to combat COVID-19. Here’s what else is happening in The Week Ahead.