Videos

Federal Reserve Chair Jerome Powell testified on the Fed’s semiannual monetary policy report before the House Financial Services Committee. He said that economic activity expanded at a stron…

“The U.S. banking system is sound and resilient,” said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. T…

Federal Reserve Chair Jerome Powell said no decision has been made regarding the interest rate hike expected in mid-March. His comments before the House Financial Services Committee came one…

Federal Reserve Chair Jerome Powell acknowledged the Fed “underestimated” the risk of inflation but assured members of the House Financial Services Committee that a recession is not inevitab…

Acting Federal Reserve Chair Jerome Powell said he expected to propose and support a 25-basis-point (0.25%) interest rate hike at the next board meeting. He made this announcement during a H…

Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee to testify on the federal response to the COVID-19 pandemic and…

Federal Reserve Chair Jerome Powell testified on monetary policy and the economy before the House Financial Services Committee. He answered questions on several topics, including the labor s…

Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testified on the status of the economy during the coronavirus pandemic and how economic relief approved by Congress wa…

The House passed a $1.9 trillion COVID-19 pandemic economic relief bill that included a $15 minimum wage increase.

Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on the semiannual monetary policy report. Committee members questioned Mr. Powell on the impact of…

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on the federal government’s response to the coronavirus pand…

White House National Economic Council Adviser Larry Kudlow joined a Politico virtual discussion about U.S. economic recovery during the coronavirus pandemic. Mr. Kudlow discussed the Trump a…

The House Financial Services Committee held a hearing on the HEROES Act, which the House of Representatives passed in May 2020, and the next round of legislation for coronavirus aid. Economi…

Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on monetary policy and the state of the economy amid the coronavirus pandemic. Chair Powell took q…

Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee about their respective agencies' pandemic response and the o…

Representative Patrick McHenry (R-NC), top Republican on the House Financial Services Committee, spoke by phone about additional measures that could be included in a fourth coronavirus relie…

Federal Reserve Chair Jerome Powell testified on the economy and monetary policy before the House Financial Services Committee. He told members that the impact of the coronavirus on the U.S.…

Treasury Secretary Steven Mnuchin testified before the House Financial Services Committee about risks to financial stability and the U.S. economy. In his opening statement, Secretary Mnuchin…

The House Financial Services Committee held a hearing on Facebook’s plans for a new digital currency called “Libra.” David Marcus, the co-creator of Libra who heads the social media and netw…

Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee on U.S. monetary policy and the state of the economy. In his prepared remarks, Mr. Powell said the…