Yellen disappointed not to get a second term as Fed chair
Janet Yellen said she was disappointed that President Donald Trump didn't offer her a second term as Federal Reserve chair, but supports her central bank successor, Jerome Powell, who takes over on Monday.
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Yellen sees long-term growth as she leaves the Federal Reserve, despite bad day for the Dow
Outgoing Federal Reserve Chair Janet Yellen has seen economic growth and the longest job expansion on record on her watch. She sits down with Judy Woodruff on her final day in office in a rare interview to share her overall…
WATCH: Trump’s Fed nominee Jerome Powell testifies at Senate confirmation hearing
Jerome Powell's confirmation hearing is scheduled to begin at 9:45 a.m. ET today. Watch the hearing here.
WATCH: Donald Trump names Jerome Powell as Federal Reserve chair nominee
Jerome Powell spent years working at investment firms. Unlike the past three Fed leaders, he doesn't have a doctorate degree in economics.
In the our news wrap Wednesday, Federal Reserve Chair Janet Yellen affirmed that short-term interest rates are likely to rise again in the coming months, but left the door open to change those plans. Also, Brazil's former president was convicted…
In the our news wrap Wednesday, leaders of the Senate Intelligence Committee held their first meeting with Robert Mueller, the special counsel investigating Russian meddling in the 2016 election. That followed a day of speculation about Mueller's future. Also, the…
In our news wrap Wednesday, two Russian intelligence officers and two cyber hackers have been charged in a Yahoo data breach that compromised 500 million accounts. Also, the Federal Reserve announced that short-term interest rates are going up again, for…
After years of holding interest rates at a near-zero level, the Federal Reserve has entered a new phase of confidence in the "robustness of the economy and its resilience to shocks," according to Fed Chair Janet Yellen. Jeffrey Brown takes…
For the second time in three months, the Federal Reserve decided to raise its key interest rate a quarter point today.
