Jerome Powell, Chair of the Federal Reserve
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President Trump Visits Federal Reserve HQ
The president went to tour the renovated site, which has experienced budget and deadline overruns. President Donald Trump visited the Federal Reserve on Thursday, the first time a…
Read MorePresident Signs GENIUS Act into Law
He said the cryptocurrency legislation will make the U.S. the “crypto capital of the world.” President Donald Trump has signed three cryptocurrency bills into law, which were passed…
Read MoreU.S. Jobs Market Exceeded Projections in June
Over 30,000 more jobs than estimated were added to the economy and unemployment dropped .1 percent. The Labor Department’s Bureau of Labor Statistics released employment numbers for June…
Read MoreFederal Reserve Holds Interest Rates Steady
Chairman says panel needs to “wait to learn more” about economy direction. Federal Reserve Chair Jerome Powell announced Wednesday that the central bank will continue to hold its…
Read MorePresident and Federal Reserve Chair Discuss Interest Rates and Economy
President Trump advocated for the central bank to reduce interest rates now that inflation has stopped. President Donald Trump and Federal Reserve Chair Jerome Powell met in person…
Read MoreFederal Reserve Leaves Interest Rates Unchanged
Chair says that inflation and unemployment risk have risen, but more observation is needed. The Federal Reserve decided to keep interest rates at a range of 4.25 percent…
Read MoreLabor Department Reports Consumer Prices Dropped in March
Falling gas and used car prices ease inflation. The Department of Labor reported that U.S. consumer prices declined slightly in March for the first time since 2020. The…
Read MoreSEC to Hold Roundtable on Artificial Intelligence
The agency will host discussions on the impact of AI on the financial industry. The Securities and Exchange Commission (SEC) announced a roundtable discussion will be held on…
Read MoreFederal Reserve Holds Interest Rates at 4.25 to 4.5 Percent Range
Chairman Powell holds steady as President Trump calls for steeper cuts. The Federal Reserve chose to hold banking interest rates steady at a range of 4.25 to 4.5…
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