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BenzingaJerome Powell, now a Fed governor, warned against political interference in central bank decisions while accepting a political courage award in Boston. The Wall Street Journal reported his remarks on Sunday.
Los Angeles TimesFormer Federal Reserve Chair Jerome Powell received the John F. Kennedy Profile in Courage Award on Sunday at the Kennedy Presidential Library in Boston. He used the occasion to defend the independence of the central bank and other institutions.
New York PostSen. Tim Scott expressed hope that Federal Reserve Chair Jerome Powell will depart after his term ends in May, suggesting Powell might stay to challenge the incoming leadership. Powell plans to remain as a governor until 2028, citing concerns over threats to Fed independence. Sou…
Substrate placeholder — needs reviewChicago Federal Reserve Bank President Austan Goolsbee stated that the Federal Reserve Act does not mandate prioritizing stock market performance or presidential satisfaction. He warned that efforts to undermine Fed independence would be a bad idea, potentially causing inflation…