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Fed, Congress and Jerome Powell

Hosted on MSN · 13h

Fed's Powell heads back to Congress as data shows inflation jump in January

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.

USA Today · 15h

Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

What Time Will Fed's Jerome Powell Speak to Congress—and How to Watch His Testimony

Federal Reserve Chair Jerome Powell is on Capitol Hill this week for his twice-yearly testimony before Congress. Powell appeared before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday.

8hon MSN

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

1d

Watch: Fed Chairman Jerome Powell testifies in Congress with tariffs looming

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

3h

Live updates: Judge unfreezes Trump’s federal buyout plan; Tulsi Gabbard sworn in as intel chief

Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...

11hon MSN

Ousted federal watchdogs sue Trump, saying they were fired illegally

Eight inspectors general fired by the White House last month have sued the administration, arguing President Donald Trump ...

1h

Federal judge finds Trump defied injunction to unfreeze funds

Dozens of lawsuits have been filed in response to Trump’s provocative executive orders. In a case to enjoin Trump’s freezing ...

8h

Warren: Only Congress — not Trump or Musk — can 'get rid of the CFPB'

Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...

1d

Johnson ‘Wholeheartedly’ Agrees With Trump’s Spending Cuts, Undermining Congress

The comments by the speaker were his latest move to diminish the role of the legislative branch, and in keeping with his move ...

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