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The 64 year-old Jerome Powell is set to take over from current Chairwoman Janet Yellen when her term expires Feb. 3. (AP Photo/Carolyn Kaster)
Economy

Jerome Powell confirmed as next chairman of the Fed

Joseph Lawler -
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The Senate on Tuesday voted 84-12 to advance Jerome Powell's final confirmation vote to the floor. Powell is President Trump's nominee to head the Federal Reserve. (AP Photo/Carolyn Kaster)
Economy

Jerome Powell heads toward confirmation as Fed chairman as he clears procedural vote

Joseph Lawler -
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Marvin Goodfriend is sworn in before testimony at a Senate Banking Committee hearing on his nomination to be a member of the Federal Reserve Board of Governors, Tuesday, Jan. 23, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
Economy

Democrats pound Trump’s Fed nominee: ‘Why were you so wrong?’

Joseph Lawler -
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Ben Bernanke, former chairman of the U.S. Federal Reserve, suggested that Trump Fed chairman nominee Jerome Powell is likely to formally begin re-examining the Fed's target this year and that there
Economy

Ben Bernanke predicts Fed will discuss changing inflation target in 2019

Joseph Lawler -
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In recently released transcripts, Jerome Powell, President Trump's nominee for chairman of the Federal Reserve (pictured above), expressed skepticism about major stimulus programs and listened to business executives and hedge fund managers. (AP Photo/Carolyn Kaster)
Business

3 clues about Trump’s Fed nominee, Jerome Powell

Joseph Lawler -
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A least a few members of the Federal Reserve system said at the December monetary policy meeting that they were interested in studying alternatives to the Fed's current regime. (iStock)
Economy

Fed members seek historic shift in money supply

Joseph Lawler -
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Minutes released from the Dec. 12-13 meeting of the Federal Reserve Board state that Chairwoman Janet Yellen and other Fed officials anticipated
Economy

Fed members debated how much tax cuts would boost economy at December meeting

Joseph Lawler -
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Jerome Powell has moved swiftly toward easy confirmation as the top economic policymaker in the world as Congress has been preoccupied by the GOP tax reform effort and controversies surrounding President Trump. (AP Photo/Carolyn Kaster)
Economy

Jerome Powell set for Senate confirmation vote for Fed chair after gaining bipartisan committee support

Joseph Lawler -
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The Federal Reserve's account of the Oct. 31 and Nov. 1 meeting published Wednesday afternoon revealed that many of the officials at the central bank expect to raise the target interest rate
Economy

Fed headed for December interest rate hike but split over low inflation

Joseph Lawler -
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Federal Reserve Chairwoman Janet Yellen announced Monday her intention to step down after President Trump's nominee is confirmed. (Andrew Harrer/Bloomberg)
Economy

Janet Yellen to leave the Federal Reserve after Trump’s chairman is sworn in

Joseph Lawler -
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