Fed Chair Faces Lawmakers at a Critical Juncture

Fed Chair Faces Lawmakers at a Critical Juncture

Jerome H. Powell is set to testify as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture

Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture

The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.