Tag Archives: Jerome Powell

On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...

With the Federal Reserve now under the leadership of recently sworn-in new Fed Chair Jerome Powell, many are watching to see how he deals with the challenges of the current market, and how his responses and philosophy will differ from ...

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on expected inflation. “Gains in employment, household spending, and business fixed ...

The Senate confirmed Jerome Powell as the 16th chairman of the Federal Reserve on Tuesday after an 85-12 vote in favor of his confirmation. Powell will take over from current Federal Reserve Chair Janet Yellen after her term expires in ...

The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve System and Brian Montgomery as Assistant Secretary for Housing – Federal Housing Commissioner, ...

Transcripts released by the Fed provided insight into the man due to take over as Fed chair in 2018, assuming he receives Senate confirmation. The Fed published meeting transcripts from 2012 last week, continuing their policy of releasing such transcripts ...

On Tuesday, the Committee on Banking, Housing, and Urban Affairs will meet in an Executive Session to further consider the nomination of Jerome Powell as Chairman of the Federal Reserve. See what else is in store for The Week Ahead.

Federal Reserve Chair Janet Yellen delivered her Economic Outlook testimony on Wednesday—which could be her last appearance before Congress before she leaves the Fed in February. Overall, Yellen said that the U.S. economy has strengthened further this year. Despite adversity ...

During a morning session of the Senate Banking Committee, Fed Chair nominee Jerome Powell put a focus not on deregulation, but rather on examining existing rules to ensure they still make sense 10 years after the financial crisis.