Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

President Donald Trump reiterated his anger with Jerome Powell though he did not name any potential successors or a timeline ...

Nasdaq leads rally, S&P 500 eyes record as rate cut hopes and Trump ceasefire lift Wall Street- The stock market today ...

Powell told lawmakers the Fed must assess Trump’s tariffs' effects before more rate cuts and ensure temporary price hikes don ...

Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.

During Wednesday’s Senate Banking Committee, Sen. Bernie Moreno (R-OH) questioned Federal Reserve Chair Jerome Powell about interest rates.

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...