Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
Posted inBanking and Financial Institutions Executive Orders and Memorandums Federal Reserve System Interest Rates Powell, Jerome H Presidential Power (US) Regulation and Deregulation of Industry Trump, Donald J United States Economy United States Politics and Government

Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies

A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
Fed Chair Faces Lawmakers at a Critical Juncture
Posted inBanking and Financial Institutions Executive Orders and Memorandums Federal Reserve System House Financial Services Committee Inflation (Economics) Interest Rates Powell, Jerome H Senate Committee on Banking United States Economy United States Politics and Government Warren, Elizabeth Waters, Maxine

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.