At a Senate Banking Committee hearing on Wednesday, Sen. John Kennedy (R-LA) asked Chair of the Federal Reserve Jerome Powell ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect the economy, ...

Powell's term ends in May 2026, and Trump is expected to nominate a successor in the coming months. Krishna Guha, a vice chair at Evercore ISI, said the Supreme Court's opinion was encouraging but ...