Federal Reserve Chairman Jerome Powell said Wednesday any move to strip the US central bank of its power to pay interest on reserves would be difficul ...

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 ...

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 ...

Federal Reserve Chair Jerome Powell will give his semiannual testimony before the Senate Banking Committee on Wednesday ...

ABC News’ Alexis Christoforous reports on the second day of testimony from Federal Reserve Chair Jerome Powell, and the likelihood of a cut in interest rates.

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggesting the list of potential replacements has been ...

US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve Chair Jerome Powell, whom he sharply criticised for his handling of ...

Colorado Rep. Brittany Pettersen (D) questioned Federal Reserve Chair Jerome Powell on interest rates and the economy. Powell ...

U.S. stocks are hanging near their all-time high on Wednesday as financial markets catch a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of ...