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FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal O...

Politics Feb 11

WATCH: Powell says Fed ‘well positioned’ for ‘risks and uncertainties’ that lie ahead for economy

By Christopher Rugaber, Associated Press

Politics Dec 06

Global bank CEOs testify before US Congress in Washington
WATCH: Wall Street bank CEOs oppose proposed Biden regulations in Senate hearing

The banks contend the new regulations proposed by the administration would curtail lending and weaken bank balance sheets at a time when the industry needs more flexibility.

By Ken Sweet, Associated Press

Politics Jun 22

Federal Reserve Chair Powell testifies before House Financial Services Committee hearing on Capitol Hill in Washington
WATCH: Fed Chair Jerome Powell reinforces likelihood of more rate hikes

Chair Jerome Powell reiterated Thursday that the Federal Reserve will likely raise interest rates at least once more this year because of persistently high inflation in the economy's service sector and the surprisingly tight job market.

By Matt Ott, Associated Press

Politics May 18

FILE PHOTO: A fountain in front of the U.S. Capitol in Washington
WATCH: Senate committee holds hearing on oversight of banking with regulators

The Senate Banking Committee held a hearing on oversight of the finance industry with federal regulators on Thursday.

By Associated Press

Politics Mar 28

U.S. Treasury Secretary Janet Yellen testifies before Senate panel, on Capitol Hill in Washington
WATCH: Senate panel holds hearing on recent bank failures and the federal response

The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the steps necessary…

By Christopher Rugaber, Associated Press

Sep 22

WATCH: Heads of major banks testify in Senate Banking Committee hearing

By Ken Sweet, Associated Press

The CEOs of the nation’s biggest banks were in for a second day of tough questioning from lawmakers Thursday, as Americans face inflation not seen since the early 1980s and a midterm election is only weeks away.

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May 10

WATCH: Treasury Secretary Yellen Capitol Hill testimony on finance touches on abortion

By Fatima Hussein, Associated Press

Treasury Secretary Janet Yellen's appearance before a Senate committee took an unexpected and tense detour into the abortion debate Tuesday when senators questioned her about the potential impact of an abortion ban on the American economy.

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Feb 17

WATCH: White House economic advisor Cecilia Rouse testifies before the Senate Banking committee

By News Desk and Associated Press

White House economic advisor Cecilia Rouse testified before the Senate Committee on Banking, Housing and Urban Affairs on the state of the American economy.

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Feb 10

WATCH: Senate hearing on how institutional landlords are affecting the housing market

By News Desk

The Senate Banking committee held a hearing Thursday on how institutional landlords are affecting the housing market.

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Dec 01

WATCH: Mnuchin defends shut down of Fed emergency loan programs

By Martin Crutsinger, Associated Press

Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging.

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