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Today: April 25, 2026
Today: April 25, 2026

Jerome Powell

Business|Economy|Finance

Regional Fed banks may be key front in battle for central bank's independence

San Francisco Federal Reserve President Mary Daly wasn't elected by popular vote, wasn't chosen by an elected official

Regional Fed banks may be key front in battle for central bank's independence
Business|Economy|Finance|Political|US|World

White House confident Warsh will lead Fed in May

White House economic adviser Kevin Hassett said on Thursday that he was confident Kevin Warsh would start as Federal Reserve chairman in May and that he did not expect

White House confident Warsh will lead Fed in May
Business|Economy

Fed chief nominee Warsh clears one hurdle for Senate hearing, CNBC reports

Federal Reserve chair nominee Kevin Warsh nL6N3YV0Q5 has submitted required paperwork to the U.S.

Fed chief nominee Warsh clears one hurdle for Senate hearing, CNBC reports
Business|Crime|Economy|Political|World

US prosecutors make surprise visit to Federal Reserve office

Prosecutors from U.S.

US prosecutors make surprise visit to Federal Reserve office
Business|Economy|Political|World

More Federal Reserve officials see possible rate hikes this year, minutes show

More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months

More Federal Reserve officials see possible rate hikes this year, minutes show
Economy|Education|Environment|Finance|Technology|World

Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do

Federal Reserve Chair Jerome Powell says it's important to closely monitor inflation amid a spike in energy prices from the Iran war as the average price for for gasoline nears $4 a gallon in the U.S. But he also said Monday, addressing students at Harvard University, that there isn't a lot Fed policymakers could do

Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do
Business|Economy|Finance|Political|Stock Markets|US|World

With his war in Iran, Trump just made the next Fed chair’s job even harder

With his war in Iran, Trump just made the next Fed chair’s job even harder

With his war in Iran, Trump just made the next Fed chair’s job even harder
Business|Economy|Finance|Political|Stock Markets|US|World

White House formally nominates Warsh to be Federal Reserve chair

The Trump administration has formally nominated Kevin Warsh, a former top Federal Reserve official, to be next Fed chair when Jerome Powell’s term ends in two months

White House formally nominates Warsh to be Federal Reserve chair
Business|Economy

Kevin Hassett says Fed researchers should be ‘disciplined’ over report that Americans are paying tariffs

Kevin Hassett says Fed researchers should be ‘disciplined’ over report that Americans are paying tariffs

Kevin Hassett says Fed researchers should be ‘disciplined’ over report that Americans are paying tariffs
Business|Economy|Finance|Political|US

GOP senator says he's open to compromise on Trump’s nominee to chair the Federal Reserve

Republican Sen. Thom Tillis from North Carolina suggests he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve

GOP senator says he's open to compromise on Trump’s nominee to chair the Federal Reserve
Business|Economy|Political

Trump jokes about suing his Federal Reserve nominee Warsh over interest rates at elite Washington dinner

Trump jokes about suing his Federal Reserve nominee Warsh over interest rates at elite Washington dinner

Trump jokes about suing his Federal Reserve nominee Warsh over interest rates at elite Washington dinner
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says he will announce his Federal Reserve chair nominee on Friday morning

President Donald Trump said he plans to announce his choice for Federal Reserve chairman on Friday morning

Trump says he will announce his Federal Reserve chair nominee on Friday morning
Business|Economy|Finance

Who is Fed chair nominee Kevin Warsh?

President Donald Trump says he’ll tap former Federal Reserve governor Kevin Warsh as the next Fed chair to replace Jerome Powell in May

Who is Fed chair nominee Kevin Warsh?
Business|Economy|Finance|World

Warsh's challenge: Navigating Fed independence and Trump's demands

Kevin Warsh has sought the job of Federal Reserve chair, off and on, since President Donald Trump first considered him for the position nearly a decade ago

Warsh's challenge: Navigating Fed independence and Trump's demands
Business|Economy

3 things to know about Kevin Warsh, Trump’s nod for Fed chair

Trump’s pick to helm the Fed is well known in the financial world, but his monetary policy views have evolved to align more with the president’s desire for lower rates.

3 things to know about Kevin Warsh, Trump’s nod for Fed chair
Business|Economy|Finance|Stock Markets|US|World

Powell hints at extended pause on rate cuts but stays mum on Trump attacks

Powell hints at extended pause on rate cuts but stays mum on Trump attacks

Powell hints at extended pause on rate cuts but stays mum on Trump attacks
Business|Economy|Finance|Political|World

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered

The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year

Federal Reserve keeps interest rates unchanged even as Trump continues to insist they be lowered
Asia|Business|Economy|Finance|Stock Markets|World

After a day of sharp swings, Wall Street ends nearly where it began

A day of dramatic swings on Wall Street, including Microsoft's worst drop in nearly six years, finished with only relatively modest moves

After a day of sharp swings, Wall Street ends nearly where it began
Business|Economy|Finance|Political|Stock Markets|US

Fed expected to keep rates unchanged as Chair Powell pivots back to economics

After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result

Fed expected to keep rates unchanged as Chair Powell pivots back to economics
Economy|Finance|Political|Stock Markets|US

Supreme Court conservatives have downplayed Trump’s conduct. The Fed case may change that

Supreme Court conservatives have downplayed Trump’s conduct. The Fed case may change that

Supreme Court conservatives have downplayed Trump’s conduct. The Fed case may change that
Business|Economy|US|World

AP Source: Fed Chair Powell to attend Supreme Court argument on Cook case

Federal Reserve Chair Jerome Powell will attend the Supreme Court’s oral arguments Wednesday in a case involving the attempted firing of Fed governor Lisa Cook, an unusual show of support by the central bank chair

AP Source: Fed Chair Powell to attend Supreme Court argument on Cook case
Business|Economy|Finance|Political|US

Will the Supreme Court continue to protect the Federal Reserve from Donald Trump?

Will the Supreme Court continue to protect the Federal Reserve from Donald Trump?

Will the Supreme Court continue to protect the Federal Reserve from Donald Trump?
Business|Economy|Political|World

Republicans vouch for Fed chair, creating a rare schism with Trump

Republicans in Congress are supporting Federal Reserve Chair Jerome Powell as the Trump administration ramps up its pressure campaign against the central bank

Republicans vouch for Fed chair, creating a rare schism with Trump
Business|Economy|World

Trump says he wants to keep Hassett in White House, clouding Fed chair selection

President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve

Trump says he wants to keep Hassett in White House, clouding Fed chair selection
Business|Economy

Criminal investigation raises key question: Whether Chair Powell leaves Fed in May

The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual step of remaining a governor

Criminal investigation raises key question: Whether Chair Powell leaves Fed in May
Business|Crime|Economy

Treasury Secretary Scott Bessent is reportedly unhappy with criminal investigation of Fed Chair Jerome Powell

CNN This Morning examines why some Republicans are calling the criminal investigation of Jerome Powell an "unwelcome distraction"

Treasury Secretary Scott Bessent is reportedly unhappy with criminal investigation of Fed Chair Jerome Powell
Business|Economy|Finance|US

Inflation cooled slightly in December though it remains above Fed's target

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing

Inflation cooled slightly in December though it remains above Fed's target
Business|Economy|Finance|Stock Markets|US

JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition

JPMorgan Chase is reporting a 9% rise in adjusted profits for the fourth quarter, benefiting from a strong economy in both consumer and investment banking

JPMorgan Chase profits rise 9% in the fourth quarter excluding hit from the Apple Card acquisition
Business|Economy|Finance

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The investigation follows Fed Chair Jerome Powell’s refusal to toe the White House’s line over interest rate cuts.

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake
Business|Crime|Economy|Political

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may undermine the White House’s goals

DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence
Business|Economy|Finance|Stock Markets

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown

Minnesota and the Twin Cities are suing the federal government to stop surge by federal immigration authorities

The Latest: Minnesota and the Twin Cities sue federal government to stop immigration crackdown
Business|Economy|Finance|Stock Markets|World

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed

Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed
Business|Economy|Finance|World

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed
Business|Crime|Economy|Finance|Political|Stock Markets|US

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations

Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
Business|Economy|Finance|Political|Stock Markets|US|World

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%

The United States gained a decent 64,000 jobs in November but lost 105,000 in October as federal workers departed after cutbacks by the Trump administration, the government said in delayed reports

The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%
Business|Economy|Finance|Stock Markets|World

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months

Federal Reserve cuts key rate, sees healthier economy next year
Business|Economy|World

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now
Business|Economy|Finance

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
Asia|Business|Economy|Finance|Stock Markets|US|World

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Business|Economy|Finance|Stock Markets|World

A far from quiet end to the year 

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today. 

A far from quiet end to the year 
Business|Economy|Finance|Stock Markets|Technology

Wall Street ends lower as yields climb; crypto stocks drop

U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the

Wall Street ends lower as yields climb; crypto stocks drop
Business|Economy|Finance|Stock Markets|World

Wall St opens lower ahead of Powell speech, manufacturing data

Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome

Wall St opens lower ahead of Powell speech, manufacturing data
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list
Business|Economy|Finance|Political|World

Good chance Trump may unveil Fed pick by Christmas, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S.

Good chance Trump may unveil Fed pick by Christmas, Bessent says
Business|Economy|Finance|Stock Markets

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
Business|Economy|Finance|Political|Stock Markets|US

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates
Business|Economy|Finance|World

Many Fed policymakers at last meeting were opposed to December rate cut

A divided Federal Reserve cut interest rates last month even as policymakers cautioned that doing so could risk entrenched inflation and a loss of public

Many Fed policymakers at last meeting were opposed to December rate cut
Business|Economy|Finance|World

Fed minutes: Most officials supported more rate cuts but not necessarily in December

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday

Fed minutes: Most officials supported more rate cuts but not necessarily in December
Business|Economy|Political|World

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'

U.S.

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'