Jerome Powell

President Donald Trump expressed disbelief at the new Federal Reserve Chairman Kevin Warsh’s decision to maintain steady interest rates, a move he had previously criticized. Trump, when asked for comments on the Fed’s decision on Wednesday, said, “It’s all right. Whatever....

Newly appointed Federal Reserve Chairman Kevin Warsh is set to make his first significant remarks on inflation, unemployment, and the economic outlook at a press conference on Wednesday. Warsh, who succeeded Jerome Powell a month ago, has been outspoken about the U.S. central bank’s...

President Donald Trump did not confirm Jerome Powell at the helm of the Federal Reserve after the expiration of his term in May and installed Kevin Warsh after months of relentless pressure on the central bank to slash interest rates. But the easy-money future Trump has craved for most of his...

Jerome Powell, the former Chair of the Federal Reserve, has expressed concern over the potential risks associated with political interference in the central bank’s activities. Powell, now a Fed governor, voiced these concerns while receiving a political courage award at an event in...

Major Wall Street banks are reportedly pushing the Federal Reserve to formally lock in recent supervisory reforms to prevent future Democratic administrations from reversing them. Banks are pushing for the Fed to resolve legal uncertainties around the softer process that has replaced...

Renowned economist Mohamed A. El-Erian shared his insights on President Donald Trump‘s recent supportive and softer stance about the new Federal Reserve Chair, Kevin Warsh. El-Erian took to X on Wednesday and suggested that this may indicate the long-standing tension between...

President Donald Trump’s nominee Kevin Warsh has been confirmed as the new Federal Reserve Chair, but bettors believe there's a reasonable chance he could still face public pushback from the POTUS. Kalshi Bettors See More Than 50% Chance Prediction market Kalshi estimates a 56% likelihood...

Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director, argued on Saturday that America’s political class is failing markets and citizens alike by governing on two- and four-year election cycles rather than the decade-long horizons that meaningful...

Jerome Powell became Federal Reserve Chairman in 2018 and served eight years, with his tenure leading the Fed nearing an end later this month. His time was met with challenges and investors have different feelings on his handling of COVID-19, inflation and more. Here's what Benzinga readers say...

Jerome Powell became Federal Reserve Chairman in 2018 and served eight years, with his tenure leading the Fed nearing an end later this month. His time was met with challenges and investors have different feelings on his handling of COVID-19, inflation and more. Here's what Benzinga readers say...

Attorney Jeanine Pirro has hinted at potentially reopening a criminal investigation into Federal Reserve Chair Jerome Powell amid alleged irregularities in the Federal Reserve’s building renovations. Pirro, the federal prosecutor for Washington, D.C., speaking on the...

The week saw significant developments in the U.S. economy, with the GDP growth rate for the first quarter of 2026 soaring, gas prices, and a dip in President Trump’s approval rating. Here’s a quick recap of the weekend’s top stories. US GDP Grows 2%, Core PCE Inflation Jumps 3.2%...

Gas prices have hit new four-year highs nationwide, with Friday's national average coming in at $4.42. Residents in California are paying $6 or more per gallon. The surge in gas prices could be the start of "demand destruction" and lead to fewer chances of a Federal Rate cut in 2026 and could even...

Leading cryptocurrencies stagnated, while stocks fell on Wednesday due to the Federal Reserve’s interest rate decision and uncertainty surrounding U.S.-Iran peace talks. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.13% $76,338.11...

Jerome Powell used his final press conference as Federal Reserve chair to deliver an unexpected message: he is not leaving the Fed. When his term expires on May 15, Powell plans to remain on the Board of Governors, citing what he called "unprecedented" legal assaults on the central bank — a move...