Jerome

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

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BOSTON — Former Federal Reserve Chair Jerome Powell used one of his first major public appearances since leaving office to defend independent institutions while accepting an award Sunday honoring his efforts to preserve the central bank’s independence. Speaking at the John F. Kennedy Presidential Library overlooking Boston Harbor, Powell called universities, courts, Congress and the … Read more

How will Jerome Powell be remembered as he exits as Fed chair? Experts weigh in.

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After steering the Federal Reserve through a series of major economic shocks, from the pandemic to the highest inflation in 40 years, Jerome Powell will leave a legacy defined by managing crisis and an unwavering defense of the central bank’s historical independence. As Powell steps down on Friday after eight years as Fed chair, more … Read more

Jerome Powell calls his time as Fed chair a ‘privilege’ during last press conference

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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Jerome Powell calls his time as Fed chair a ‘privilege’ during last press conference 03:09 UP NEXT Federal Reserve keeps interest rates steady for third straight time 03:19 Justice Department ends criminal probe of Powell 02:07 Stocks surge … Read more

Justice Department drops criminal probe of Fed Chair Jerome Powell

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Justice Department drops criminal probe of Fed Chair Jerome Powell – CBS News Watch CBS News The Justice Department ended its criminal investigation into Federal Reserve Chair Jerome Powell over the central bank’s renovation project, U.S. Attorney Jeanine Pirro announced Friday. Source link