News

Jerome Powell hit with a criminal referral over Fed's $2.5B renovation project — what it might mean for your nest egg

Federal Reserve Chair Jerome Powell faces a criminal referral from Republican Congresswoman Anna Paulina Luna — the latest ...

Trump Says Treasury’s Bessent Rules Out Replacing Powell at Fed

With Treasury Secretary Scott Bessent not in the running, President Trump said that he has narrowed his list of replacements ...

Biggest immediate change for Fed under new chair likely to be tone shift

The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.

Trump Favors Short-Term Fed Pick to Preserve Options for Powell Succession

President Trump said he would announce later this week his pick to fill an unexpected vacancy on the Federal Reserve’s board ...

Fed's Powell has 'utmost integrity', says Bank of England's Bailey

U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...

Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down

Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...

Jerome Powell’s Double Standard About Taxes and Inflation

The Fed chairman fixates on the possible effects of tariffs but has said nothing about other tax hikes.

Don’t blame Jerome Powell — or the Fed — if you can’t afford to buy a house right now

Trump says the Fed’s high interest rates are keeping Americans from buying houses. There’s more to it than that.

Pulte Criticizes Fed Chair Powell Over Soaring Housing Imbalance

PulteGroup (PHM, Financials) heir and Federal Housing Finance Agency Director Bill Pulte has renewed criticism of U.S.