Tag: Jerome Powell

US justice department drops criminal investigation against Jerome Powell

The US Department of Justice is dropping its criminal investigation against the Federal Reserve chair, Jerome Powell, clearing the path for Donald Trump’s new...

Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election

Donald Trump’s nominee for US Federal Reserve chair, Kevin Warsh, faced a tumultuous hearing in Washington on Tuesday, fielding scrutiny over his wealth and...

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Democrats have moved to stall Donald Trump’s effort to exert greater control over the US Federal Reserve, condemning the president’s “absurd” bid to install...

Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East...

Trump has tapped a new Federal Reserve chair. Has he finally found his yes-man?

The US Federal Reserve requires “strong, sound and steady leadership”, according to Donald Trump. The president found a man to lead the central bank...
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