Tag: Jerome Powell
Katie Britt says inflation has “devastated” hardworking Americans
On Monday, U.S. Senator Katie Britt spoke with Federal Reserve Chairman Jerome Powell during a Senate Committee on Banking, Housing, and Urban Affairs hearing. The conversation addressed the generationally...
Federal Reserve hikes rates again
The U.S. Federal Reserve announced a new rate increase of half a percentage point Wednesday in its ongoing effort to curb inflation.
U.S. added 263,000 jobs in November
Friday’s jobs report by the U.S. Bureau of Labor Statistics showed that the U.S. economy created 263,000 jobs in November. The continuing growth in the job sector, however,...
How higher interest rates will affect Americans’ finances
Americans who have long enjoyed the benefits of historically low interest rates will have to adapt to a very different environment as...
William Haupt III: A resolution Congress must make and keep in...
"Some friends ask about your new year's resolutions. Good friends don't say too much about them. Your best friends don't mention them...
Former Fed official warns of imminent risk to stability of global...
Former Federal Reserve official Donald Kohn sounded the alarm about what he characterized as an imminent global financial crisis during a recent...
Donald Trump halts COVID-19 relief talks until after election
Trump tweeted that House Speaker Nancy Pelosi was “not negotiating in good faith.”
Nancy Pelosi: Americans ‘worth it’ on $3T virus aid
Pelosi acknowledged that the proposal is a starting point in negotiations with President Donald Trump and Republicans.
House passes $2.2T rescue package, rushes it to Donald Trump
Donald Trump said he would sign the measure immediately.
Washington set to deliver $2.2 trillion virus rescue bill
The relief can hardly come soon enough.