Jerome Powell made clear that he saw his role as Fed chairman as apolitical and valued the central bank’s independence
LEESBURG, VA—Federal Reserve Chairman Jerome Powell reiterated the independence of the central bank Thursday night in a closed-door meeting with House Democrats and said he wouldn’t comment on President Trump or his potential nominees to the Federal Reserve’s board.
Mr. Powell made clear that he saw his role as apolitical and valued the central bank’s independence, according to lawmakers who watched him speak at the party’s retreat. He was interviewed by Rep. Joyce Beatty , who leads a House Financial Services Committee...
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Fed Chairman Jerome Powell to meet with Democrats as Trump increases pressure on central bankTop lawmakers also say they are growing increasingly worried about the politicization of the Fed.
Weiterlesen »
Mnuchin says he doesn't believe Fed Chief Powell is the 'wrong person' despite Trump criticismU.S. Treasury Secretary Steven Mnuchin spoke with CNBC's 'The Exchange' on Wednesday.
Weiterlesen »
Four Senate Republicans signal opposition to Trump’s plan to put Herman Cain on Federal Reserve Board, all but sinking nominationHouse Speaker Nancy Pelosi criticized Cain as a pick hours before House Democrats are set to hear from Federal Reserve Chair Powell at their annual policy retreat.
Weiterlesen »
Pelosi slams Trump’s Fed picks as ‘totally unsuited, unqualified’Pelosi made the remarks hours before House Democrats are set to hear from Federal Reserve Chair Powell at their annual policy retreat.
Weiterlesen »
Fed Chairman Jerome Powell to meet with Democrats as Trump increases pressure on central bankTop lawmakers also say they are growing increasingly worried about the politicization of the Fed.
Weiterlesen »
Is the Fed in retreat?On an important 'too big to fail' reform, the central bank seems to be unilaterally disarming.
Weiterlesen »
House Democrats confront party divisions at start of unity-building retreatThe three-day retreat is mean to build unity, but a revolt from the party’s left flank this week echoed the ideological infighting that plagued Republicans during their eight-year majority.
Weiterlesen »
Mnuchin says he doesn't believe Fed Chief Powell is the 'wrong person' despite Trump criticismU.S. Treasury Secretary Steven Mnuchin spoke with CNBC's 'The Exchange' on Wednesday.
Weiterlesen »
Fed retreated from further interest-rate hikes due to unease on economy, low inflation, FOMC minutes showThe Federal Reserve’s decision in March to cease raising interest rates this year was driven by unease over the U.S. and global economies and surprisingly...
Weiterlesen »