Jerome H. Powell, the chair of the Federal Reserve, this week tapped a groundswell of support that has been years in the making.
Category: Federal Reserve System
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As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
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In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
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Blowback Builds Over Criminal Investigation of Powell
Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.
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Inflation Ended 2025 on Subdued Note
Surging grocery prices were offset by lower increases for appliances and vehicles in the last such report before the Federal Reserve meets to debate interest rates.
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The Powell Defense Grows
Former Federal Reserve chiefs, Republican senators and — perhaps most important, many bond investors — raised concerns about an investigation into the bank’s leader.
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Global Central Bankers Express Support for Fed Chair After Criminal Investigation
The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
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Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.
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Top Fed Official Conveys Little Urgency for Immediate Rate Cuts
The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
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What to Know About the Criminal Investigation of Fed Chair Jerome Powell
The Justice Department’s probe into whether Jerome H. Powell, the chair of the Federal Reserve, lied about renovations to the central bank’s headquarters has raised alarms.