Federal Reserve Chair Jerome Powell is slated to visit Capitol Hill and deliver his first testimony before the US Senate Banking Committee since Donald Trump returned to the White House. The central bank chief will make opening remarks before answering lawmakers’ questions.
Federal Reserve Chair Powell's policies are stoking inflation as gold nears $3,000 and commodities surge. Why the White House will win the coming Fed battle.
Federal Reserve Chair Jerome Powell will testify before the House Financial Services Committee Wednesday morning on the state of the U.S. economy. Powell has put interest rate cuts on hold amid
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy.
Michael Barr, Federal Reserve and Leaving Role
Barr Defends Fed’s Supervision Role in Outgoing Remarks as Vice Chair
Michael Barr defended the Federal Reserve’s independence and oversight role Thursday, two days after the White House issued an executive order that could exert greater control over the central bank’s supervision of financial institutions.
Trump moves to narrow independence of Fed, along with other Wall Street overseers
A White House spokesman had no immediate comment ... orders as appropriate and consistent with applicable law,” Federal Reserve Board Chair Jerome H. Powell told reporters late last month.
Fed’s Barr Gives Warning on Risks a Week Before Leaving Role
The Federal Reserve’s top bank cop, Michael Barr, implored regulators to stay vigilant about risks to the financial system as he gets ready to step down from his role as vice chair for supervision while remaining on the Board of Governors.
The White House is tightening its control over how the Federal Reserve regulates big banks as part of a new executive order that gives President Donald Trump's appointees more power over independent agencies.
In a sweeping move to assert greater control over federal regulatory agencies, President Biden issued an executive order on Monday mandating stricter White House oversight of rulemaking across the executive branch, including so-called independent regulatory agencies.
5don MSN
The executive order doesn’t explicitly mention enforcement, but observers expect that the assertion of total authority over the agencies could sway their approach to policing bad actors.
The order weighing on the federal agency's independence could also have implications on enforcement activity, concerned observers say.
A new executive order signed by President Donald Trump on Tuesday seeks to give the White House more control ... has been made for the Federal Reserve’s handling of interest-rate policy.
HuffPost on MSN10d
White House Tip Line Tells Banks To Snitch On Financial Regulators Doing Their JobsThe Trump administration has debuted a “tip line” for financial institutions and the public to report financial regulators who are still doing their jobs despite a White House “stand down” order.
Donald Trump signed two executive orders and a memorandum on February 18. One orders a study on IVF access, another enforces White House oversight of federal agencies, and the memorandum demands transparency on wasteful spending.
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