Politics May 15 Jerome Powell's impact and legacy at the Federal Reserve By William Brangham, Karina Cuevas
Economy May 15 Takeaways from Fed chair Jerome Powell's legacy Federal Reserve Chair, Jerome Powell is stepping down after eight years. Here are key takeaways from his tenure. By Chris Rugaber, Associated Press
Politics May 13 Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell The Senate confirmed President Donald Trump’s nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy. By Christopher Rugaber, Joey Cappelletti, Associated Press
Economy Apr 30 Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. By Christopher Rugaber, Associated Press
Politics Apr 29 Watch 5:26 Powell says he will stay on Fed board after chair term ends, addressing Trump's attacks The Federal Reserve is transitioning to new leadership. Kevin Warsh, Trump’s pick for Fed chair, was confirmed by a Senate committee today, clearing the way for a full Senate vote. Jerome Powell said he’ll step aside when his term as… By Amna Nawaz, Jackson Hudgins
Apr 29 WATCH: Committee sends Kevin Warsh's nomination for Fed chair to full Senate vote By Christopher Rugaber, Associated Press The Senate Banking Committee voted on party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve to replace Jerome Powell, a long-time target of President Trump’s insults for not cutting borrowing costs as far as… Continue reading
Apr 28 WATCH: Powell says he plans to stay at Fed after chair term ends amid legal attacks by the Trump administration By Christopher Rugaber, Associated Press “I worry these attacks are battering this institution and putting at risk the things that really matter to the public,” Jerome Powell said in fairly candid remarks at a press conference after the Fed announced its decision to keep its… Continue reading
Apr 24 Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh confirmation By Christopher Rugaber, Eric Tucker, Associated Press The decision ends an investigation, one of several undertaken by the Justice Department into President Donald Trump’s perceived adversaries, that for months had failed to gain traction as prosecutors struggled to articulate a basis to suspect criminal conduct. Continue reading
Apr 21 Watch 8:58 Fed nominee Warsh questioned on independence from Trump and personal wealth By Amna Nawaz, Jackson Hudgins, Azhar Merchant President Trump’s pick to lead the Federal Reserve, Kevin Warsh, was on Capitol Hill facing a slew of lawmaker questions on his monetary policy and independence from Trump. But the president’s pressure campaign against Jerome Powell threatens to freeze Warsh’s… Continue watching
Apr 21 WATCH: Kevin Warsh testifies in Senate Banking confirmation hearing for Fed chair By Christopher Rugaber, Associated Press President Donald Trump’s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so. Continue reading