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.

The heads of the U.S. Treasury Department and Federal Reserve on Wednesday renewed calls for legislators to reach agreement on additional funds to help small businesses get through the next few months ...

Jerome Powell said AI is likely affecting the job market ... have said AI is already leading them to reduce their headcount. In previous testimony before Congress, Powell said that AI had the ...

During a speech in Rhode Island, Fed Chair Jerome Powell echoed Alan Greenspan’s infamous “irrational exuberance” moment, stating outright that “equity prices are fairly highly valued” and financial ...

Federal Reserve Chair Jerome Powell said Tuesday the central bank is in a “challenging situation” with an ongoing risk of faster-than-expected inflation at the same time that weak job growth has ...

WARWICK, R.I. (WJAR) — A frequent target of President Donald Trump's name-calling comes to Rhode Island. Fresh off the first interest rate cut in nine months, Federal Reserve Chairman Jerome Powell ...

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 17, 2025. Federal ...

Jerome Powell said AI is likely affecting the job market, particularly for recent college graduates. The Fed chair also said that job creation in general has slowed down. Powell's comments are likely ...