Tag: jerome powell
Quest resumes to make banks responsive to Congress, FOIAs
Bipartisan legislation introduced by Republican North Carolina Sen. Thom Tillis aims to increase transparency in the Federal Reserve System as lawmakers probe...
Federal Reserve hikes rates again
The U.S. Federal Reserve announced a new rate increase of half a percentage point Wednesday in its ongoing effort to curb inflation.
How higher interest rates will affect Americans’ finances
Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to a very different environment as...
Fed Chair Jerome Powell: Inflation poses ‘severe’ threat to U.S. job...
Federal Reserve Chairman Jerome Powell told the U.S. Senate Banking Committee Tuesday that elevated inflation poses a "severe" threat to U.S. jobs...
William Haupt III: A resolution Congress must make and keep in...
"Some friends ask about your new year's resolutions. Good friends don't say too much about them. Your best friends don't mention them...
Former Fed official warns of imminent risk to stability of global...
Former Federal Reserve official Donald Kohn sounded the alarm about what he characterized as an imminent global financial crisis during a recent symposium on...
Donald Trump halts COVID-19 relief talks until after election
Trump tweeted that House Speaker Nancy Pelosi was “not negotiating in good faith.”
Nancy Pelosi: Americans ‘worth it’ on $3T virus aid
Pelosi acknowledged that the proposal is a starting point in negotiations with President Donald Trump and Republicans.
Senate approves $483B virus aid deal, sends it to House
Passage was swift and unanimous, despite opposition from conservative Republicans.
House passes $2.2T rescue package, rushes it to Donald Trump
Donald Trump said he would sign the measure immediately.
