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Powell squashes the possibility that the Fed will develop its own digital currency
Powell asserted Tuesday that the central bank will not develop its own digital currency as long as he is in charge.CNBC - 1h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 1h -
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.The New York Times - 1h -
Fed Chair Jerome Powell testifying before Congress
Federal Reserve chair Jerome Powell is testifying in front of lawmakers Tuesday where he's expected to face questions ranging from rate policies to the department's independence from President ...CBS News - 2h -
Warren, Waters question Fed chair on proposal 'upending' bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...The Hill - 1h -
Watch live: Powell testifies before Senate Banking Committee
Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency's monetary policy. The hearing comes as interest rates were held steady ...The Hill - 4h -
Senate committee advances Tulsi Gabbard's nomination as director of national intelligence
A Senate committee has advanced the nomination of Tulsi Gabbard to be the next director of national intelligence with a final vote in the full Senate expected this week. CBS News congressional ...CBS News - 5h -
UK lacks coherent rural policy, says environment committee chair
Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protestFinancial Times - 1d -
WATCH: Bear in sanctuary braves cold before quickly returning to bed
Randy, who lives at the Orphaned Wildlife Center in New York, just wants to be warm and cozy in his bed.ABC News - 5d
More from CNBC
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GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S. from Canada and Mexico.CNBC - 16m -
Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S.
The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.CNBC - 1h -
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.CNBC - 1h -
CFPB heads of supervision and enforcement announce resignations after stop-work order
The resignations add further to uncertainty at the CFPB, which has been targeted by trade groups and conservatives for years.CNBC - 1h -
Trump FBI pick Kash Patel accused of directing staff purge while still a nominee
Sen. Dick Durbin alleged that Kash Patel's orders are being carried out by officials including Trump aide Stephen Miller and acting deputy AG Emil Bove.CNBC - 28m
More in Business
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Trump says Treasury Secretary Bessent is going to Ukraine as U.S. has 'little to show' for aid sent
Trump's post on Truth Social suggested the two leaders could discuss pathways to ending the conflict.CNBC - 10m -
Trump’s tariffs and tax plans are inflationary and destabilizing to the U.S. — and the world
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.MarketWatch - 15m -
Powell defends Fed’s authority over US monetary policy
Central bank chief vows to ‘focus on the data’ rather than get dragged into political debatesFinancial Times - 15m -
Europe Vows to Respond to Trump’s Tariffs, but Holds Back on Details
European leaders said they would respond firmly to higher levies on steel and aluminum, but they had yet to say what that retaliation would look like.The New York Times - 16m -
GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as 'chaos'
CEO Mary Barra said GM has contingency plans ready for if tariffs are levied on auto parts and vehicles coming into the U.S. from Canada and Mexico.CNBC - 16m