Fed's Powell to testify before Senate committee Feb 23

Federal Reserve Chair Jerome Powell will present the central bank's semi-annual Monetary Policy Report to Congress next week, appearing at a hearing on Feb. 23 before the Senate Banking Committee, ...

Thune says to expect ‘explosive’ oversight hearings on Trump’s powers

Senate Majority Leader John Thune (R-S.D.) says Senate Republicans will conduct thorough oversight of President Trump’s use of executive power and predicted there could be additional “explosive” ...
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Fed independence in focus as US Senate holds hearing on Trump nominee Miran

The hearing, set to start at 10 a.m. EDT (1400 GMT), comes as Trump steps up efforts to exert control over the Fed ...

Fed's Powell says Main Street may use up to $30 bln by year end

The Federal Reserve's Main Street Lending facility may lend as much as $30 billion by the end of the year, Fed Chair Jerome Powell said in testimony before the Senate Banking Committee.

Senate confirms Stephen Miran to Fed board ahead of crucial rate cut meeting

The Senate confirmed President Donald Trump's pick, Stephen Miran, a top White House economist, to join the Board of ...
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Thune expects more 'explosive' hearings on Trump's executive powers

Republican senators "have a responsibility as an independent, coequal branch of the government to make sure that we're doing appropriate oversight of these decisions," Senate Majority Leader John Thun ...

Senate committee approves Trump’s Fed Board nominee, raising concerns about its independence

The White House has pushed for an expedited Senate approval of Miran, who was nominated by President Donald Trump to replace former Fed governor Adriana Kugler. Kugler stepped down Aug. 1. Miran would ...