Fed Chair Jerome Powell testifying before Congress

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 - 46m

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.

NBC News - 52m

How Jerome Powell testified on Capitol Hill

Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's Department of Government Efficiency (DOGE) accessing the personal information of ...

CBS News - 52m

Powell defends Fed’s authority over US monetary policy

Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates

Financial Times - 1h

‘I Was Dying’: Salman Rushdie Testifies About Terrifying Stabbing Attack

The author recounted in vivid testimony the moment when an attacker stabbed him about 15 times as he was about to give a lecture in western New York.

The New York Times - 1h

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 - 2h

10-year yield rises for fourth session as Powell remains patient with rates

U.S. government debt continued to sell off on Tuesday after Federal Reserve Chairman Jerome Powell expressed patience regarding future adjustments to the central bank’s main interest-rate target.

MarketWatch - 3h

Chair of UK’s financial ombudsman to step down

Baroness Zahida Manzoor called for ‘radical’ shake-up of rules after the sudden departure of agency’s chief executive

Financial Times - 3h

Rubiales testifies he asked to kiss Hermoso

Former Spanish soccer federation president Luis Rubiales, accused of trying to downplay a kiss on Jenni Hermoso, is set to testify before a judge on Tuesday.

ESPN - 3h

Luis Rubiales, Spain’s Former Top Soccer Official, Testifies About Kissing Star Player

Luis Rubiales said at his sexual assault trial that he had asked permission to kiss the star player Jennifer Hermoso after the country’s national team won the 2023 Women’s World Cup.

The New York Times - 4h

Fed Rate Cuts Are Looking Less and Less Likely for 2025

The January jobs report and inflation concerns have pushed back bets for lower borrowing costs.

Inc. - 1d

Leo Olebe assumes role as chair of Games for Change

Games for Change said Leo Olebe will be the new chair of the board of directors for the nonprofit dedicated to social impact games and media.

VentureBeat - 1d

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 - 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 - 2h

Watch Fed Chair Powell testify live before the Senate Banking Committee

Powell delivers his semiannual remarks on monetary policy and the economy this week on Capitol Hill.

CNBC - 5h

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 - 5h

Spain coach testifies Hermoso wasn't punished

Spain women's coach Montse Tomé told a judge Monday she was not trying to punish Jenni Hermoso by omitting her from the national team in the fallout of the kiss by former football federation ...

ESPN - 15h

Treasury yields finish mixed as investors await Powell testimony, inflation data

Yields on U.S. government debt held to a tight range despite President Donald Trump’s plan to impose 25% tariffs on imports of steel and aluminum, with investors looking ahead to a busy week of ...

MarketWatch - 22h

Judge weighs extending pause on Trump's "deferred resignations" for feds

The Trump administration has offered more than 2 million federal workers the option of resigning their positions and retaining full pay and benefits until Sept. 30.

CBS News - 23h

Musk on Ron Paul as Fed chairman: 'Great idea'

Elon Musk in a post on X appeared to back conservative commentator Charlie Kirk's suggestion that former Rep. Ron Paul (Texas) replace Jerome Powell as chairman of the Federal Reserve. “Great ...

The Hill - 23h

How Democrats in Congress are tackling Trump's massive government changes

Democrats in Congress are working on messaging and other moves to confront President Trump's changes as he settles into his second term in the White House. CBS News' Taurean Small reports from ...

CBS News - 1d

Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.

CBS News - 1d

Trump brings members of Congress to Super Bowl

President Donald Trump is at the Caesars Superdome in New Orleans watching the Super Bowl, marking the first time a sitting president appears at the game.

ABC News - 1d

UK lacks coherent rural policy, says environment committee chair

Alistair Carmichael calls on government to engage with ‘disaffected’ communities as farmers set for latest protest

Financial Times - 1d

Yrjö Kukkapuro, renowned Finnish chair designer, dies aged 91

‘Almost every Finn has sat on a chair he designed,’ his studio says, with his postmodern creations gracing galleries around the world. Yrjö Kukkapuro, a renowned Finnish designer whose postmodern ...

The Guardian - 1d

Rep. Ilhan Omar says GOP "doesn't have the numbers" to dismantle USAID through Congress

Rep. Ilhan Omar said the executive branch's recent actions have created a "constitutional crisis."

CBS News - 1d

Rep. Ilhan Omar says Trump federal gutting doesn't "have the support" among GOP in Congress

Democratic Rep. Ilhan Omar of Minnesota tells "Face the Nation with Margaret Brennan" that as the Trump administration has steamrolled forward with executive orders to dismantle USAID and the ...

CBS News - 2d

Before Shesterkin-Quick There Once Was Giacomin-Villemure

Here's a look back at some Rangers history from The Maven.

Yahoo Sports - 2d

Congress should stop researching data center threats and start protecting them

It’s crucial that data center operators be prepared to counter adverse events.

The Hill - 2d

Congress must prevent a mass-amnesty for COVID fraud

Don't give criminals and fraudsters a “get out of jail free” card for COVID fraud.

The Hill - 3d

State Department announces $7B arms sale to Israel after Congress blocked initial deal

The Trump administration announced a $7 billion arms sale to Israel, including munitions and missiles, just days after Congress blocked an initial deal. The State Department said Friday that it ...

The Hill - 3d

Trump to fire multiple Kennedy Center board members, name himself chair

President Trump did not say which board members at the Kennedy Center he plans to terminate.

CBS News - 3d

Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts

House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."

ABC News - 3d

Trump to name himself new Kennedy Center board chair

President Trump said Friday he would end the terms of multiple members of the Kennedy Center board and make himself chair of a new board, putting himself at the helm of the Washington, D.C., ...

The Hill - 3d

Job Market Gives Fed Cover to Extend Interest Rate Pause

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

The New York Times - 4d

Minneapolis Fed's Kashkari expects lower interest rates later this year

In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.

CNBC - 4d

Trump’s Executive Orders Leave Imprint on the Fed

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The New York Times - 4d

Feds Halt the National Electric Vehicle Charging Program

The US government has ordered states to retract their plans to build hundreds of federally funded EV charging stations, according to a memo obtained by WIRED.

Wired - 4d

Fed Chair Jerome Powell testifying before Congress

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