Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin testified at a virtual Senate Banking Committee hearing about the $2 trillion CARES Act coronavirus relief bill. Treasury Secretary Mnuchin…
4,996 viewsFederal Reserve Chair Jerome Powell spoke with the president of the Peterson Institute for International Economics. He talked about the effects of the coronavirus pandemic on businesses and…
796 viewsFederal Reserve Chair Jerome Powell said the central bank is committed to using all its monetary policy tools to keep the economy going during and after the coronavirus pandemic. His…
1,712 viewsFederal Reserve Chair Jerome Powell delivered remarks on the coronavirus pandemic and its impact on monetary policy and the economy. “When the spread of the virus is under control, businesses will reopen and people will come…
1,214 viewsFederal Reserve Chair Powell held a news conference after the central bank’s leaders voted unanimously to cut the interest rate by a half percentage point in response to the economic…
872 viewsFederal Reserve Chair Jerome Powell testified before the Senate Banking Committee on monetary policy and the state of the economy. Committee members asked him about how relations with China…
605 viewsFederal 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. economy would largely depend…
990 viewsFederal Reserve Chair Jerome Powell held a news conference to discuss monetary policy actions. He announced the central bank will hold interest rates steady in a range between 1.5 to 1.75…
460 viewsFederal Reserve Chair Powell announced interest rates would remain unchanged. “As always, we based our decision on how best to achieve our goals Congress has given us: maximum employment and…
341 viewsFederal Reserve Chair Jerome Powell testified on the U.S. economy and monetary policy before the House Budget Committee. Other topics discussed included trade policy, income inequality, the…
1,256 viewsFederal Reserve Chair Jerome Powell testified on monetary policy and the economy before the Joint Economic Committee. He said that he expects the U.S. economy to continue growing at a steady pace with…
2,513 viewsFederal Reserve Chair Jerome Powell held a news conference on the economy and monetary policy to go over the information from the most recent Federal Open Market Committee (FOMC) meeting.…
1,081 viewsFederal Reserve Chair Jerome Powell said the U.S. economy faced some risks, but overall it “is in a good place.” He added: “Our job is to keep it there as long as possible.” He made the…
172 viewsFederal Reserve Chair Jerome Powell held a news conference following the September 2019 meeting of the Federal Open Market Committee, He announced a one-quarter point reduction in the central…
937 viewsFederal Reserve Chair Jerome Powell announced an interest rate cut for the first time since the 2008 financial crisis. Following the announcement he took several questions from reporters,…
1,125 views' Federal Reserve Chair Jerome Powell testified before the Senate Banking, Housing and Urban Affairs Committee on U.S. monetary policy and the state of the economy. He told senators the nation’s…
1,854 viewsFederal 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 U.S.…
8,055 viewsFederal Reserve Chair Jerome Powell discussed the U.S. economy and policies at an event hosted by the Council on Foreign Relations in New York City. He said the central bank was likely to ease…
128 viewsFederal Reserve Chair Jerome Powell announced that the federal funds rate would remain unchanged for the time being. He added that the Federal Open Market Committee would continue to…
673 viewsFederal Reserve Chair Jerome Powell held a news conference on the economy and monetary policy to go over the information from the most recent Federal Open Market Committee (FOMC) meeting. He…
362 viewsThe Federal Reserve held an open meeting of the Board of Governors.
278 viewsThe Federal Reserve Board of Governors met to discuss potential changes to prudential standards for foreign banks as well as changes to resolution plan requirements for both foreign and…
273 viewsFederal Reserve Chair Jerome Powell held a news conference after a board meeting. He provided an update on the U.S. economy and indicated that the central bank would leave interest rates…
766 viewsFederal Reserve Chair Jerome Powell testified on the economy and monetary policy before the House Financial Services Committee. He said the Federal Reserve would take a patient approach to…
2,063 viewsFederal Reserve Chair Jerome Powell testified on the economy and monetary policy before the Senate Banking, Housing and Urban Affairs Committee. He said the U.S. economy is “healthy” and the job market…
4,004 viewsFederal Reserve Chair Jerome Powell held a town hall meeting with teachers to inform them about the central bank, the economy, and other consumer financial issues.
549 viewsFederal Reserve Chair Jerome Powell announced in a news conference there would not be an interest rate hike in the current quarter. He said the central bank would take a patient,…
540 viewsFederal Reserve Chair Jerome Powell spoke with the Economic Club of Washington’s David Rubenstein. The event occurred on the 20th day of a partial government shutdown. Mr. Powell said he…
316 viewsFederal Reserve Chair Jerome Powell and two of his predecessors, Janet Yellen and Ben Bernanke, talked about the economy at the annual meeting of the American Economic Association. Chair Powell said he would not…
682 viewsFederal Reserve Chair Jerome Powell spoke to reporters following the central bank’s December meeting and review of monetary policy actions. He brushed off President Trump’s critical tweets…
1,744 viewsIn this portion of The Atlantic Festival, Federal Reserve Chair Jerome Powell talked about the state of the economy with PBS’s Judy Woodruff.
122 viewsAfter a meeting of the Federal Open Market Committee, Federal Reserve Chair Jerome Powell held a news conference. He announced a .25 percent interest rate increase. He also discussed…
622 viewsFederal Reserve Chair Jerome Powell testified before the House Financial Services Committee about monetary policy and the economy. He addressed several issues, including inflation, jobs,…
2,618 viewsFederal Reserve Chair Jerome Powell delivered the central bank’s semiannual monetary policy report. He also answered senators' questions on a variety of aspects of the American economy and the…
2,477 viewsAfter a meeting of the Federal Open Market Committee, Federal Reserve Chair Jerome Powell held a news conference. He announced another interest rate increase, bringing the federal funds…
2,373 viewsFollowing the March 2018 Board of Governors meeting, Federal Reserve Chair Jerome Powell held his first news conference since his confirmation to the position. Mr. Powell announced an interest…
1,276 viewsFederal Reserve Chair Jerome Powell testified before the Senate Banking Committee for the first time since taking the position in February 2018. Topics included monetary policy,…
2,368 viewsFederal Reserve Chair Jerome Powell appeared before the House Financial Services Committee to deliver the central bank’s semiannual monetary policy report. He said the economic outlook remained…
5,158 viewsThe Senate Banking Committee held a confirmation hearing for President Trump’s Federal Reserve chair nominee, Jerome Powell. Mr. Powell answered questions on his overall philosophy and…
20,488 viewsFederal Reserve Board of Governors member Jay Powell spoke about housing finance policy. In his remarks he stressed that Congress needs to make changes to housing finance policy,…
428 viewsFederal Reserve Board Member Jerome Powell spoke at the Peterson Institute for International Economics about monetary policy and the status of the U.S. economy. He encouraged continued gradualism in…
314 viewsMembers of the Federal Reserve Board of Governors held a meeting to discuss a final rule implementing stronger liquidity requirements for large banks as mandated by the Dodd-Frank Wall…
375 viewsThe Senate Banking Committee held a hearing on the nominations for Federal Reserve, Housing and Urban Development Department, and National Credit Union Administration positions.
897 viewsMembers of the Federal Reserve Board of Governors held a meeting to discuss the Volcker rule. The rule, a part of the 2010 Dodd-Frank Act, aims to curtail risky transactions by banning…
99 viewsMembers of the Federal Reserve Board of Governors commented on the Volcker Rule as they unanimously approved it. The rule aims to curtail risky transactions by banning banks from making…
282 viewsThe Federal Reserve held an open meeting of the Board of Governors to discuss a final rulemaking to strengthen and overhaul the regulatory capital framework for banking organizations. Board…
665 viewsJay Powell spoke about the past weekend’s negotiations over the debt ceiling and the Treasury Department’s emergency plan to prioritize payments and avoid default if the $14.29 trillion…
216 viewsJerome Powell talked about recent analysis by the Bipartisan Policy Center that found that if the debt ceiling is not raised, the government could not afford to meet 44 percent of its…
916 viewsThe subcommittee heard testimony on the Government Securities Exchange Act of 1991, in the third hearing of the subcommittee’s investigation of the U.S. securities market. Witnesses…
145 viewsThe subcommittee heard testimony on reports of government securities trading violations by the financial firm Salomon Brothers. The witnesses testified on a report submitted to the subcommittee on the…
6,567 viewsThe committee heard testimony on methods of restructuring the U.S. banking system. In particular, the committee heard testimony on a plan introduced by Rep. Schumer to make federal deposit insurance…
171 viewsThe subcommittee heard testimony on banking reform proposals, and the possible effects of the proposals on bank depositors. Banking reform measures included legislation that would allow stable…
151 views