he's a very stupid person, actually. >> Well, President Trump's battle with Fed Chair Jay Powell taking another turn this week or another leg down. I suppose those attacks coming as the Wall Street Journal reported this week that the president may announce Powell's replacement by early this fall.The white House yesterday denying that the president is close to announcing Powell's successor. And joining us right now is former Federal Reserve Governor Daniel Tarullo. He led the central bank's regulatory reform ...

Hopefully it has no effect. As you know, economists are basically unanimous on the importance that central banks be free from political interference when setting monetary policy. And the reason why economists are unanimous about that is if you just look at places where they do not have that, inflation is worse, growth is worse, unemployment is higher.I think it's a mistake if we're going to start messing with the with the political interference part. What we you can look at the minutes you and then eventual ...

Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks Tuesday before the House Financial Services Committee, the central bank leader asserted that the Fed is "well positioned to wait" on interest rate policy as it watches the impact that tariffs will have on inflation. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe ...

Thank you so much, Mr. . Chairman. Um, Chair Pal, last month there was research published um in the Journal of Urban Health that found that more than half of black women of reproductive age, that's the term they use, in the counties that I represent that had experienced some sort of eviction during their lifetime.Um, so that's like 50% of black women in the two two largest county, Wayne County and Oakland County and Michigan. Um, and these numbers are horrific. Um, as you know, were you aware of that.No, I ...

branch. What's your thought about her. Quote.>> I personally think that's a very reasonable way to think about it. >> Thank you very much. I yield back.The gentleman from New York is recognized for five minutes. >> Thank you, Mr. . Chairman.Good morning, Mr. . Chair. Chair Powell, and thank you for being here.Last week, the FOMC decided to maintain the target range for the federal funds rate at four and a quarter to 4.5%. While I was not surprised by the decision to hold rates steady, I was surprised by the ...

Federal Reserve Chairman Jerome Powell delivers the Fed's semi-annual monetary policy report to the House Financial Services Committee on Tuesday. Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers to stay on hold until they have a better handle on the impact tariffs will have on prices. In remarks to be delivered to two congressional committees this week, Powell characterized economic growth as strong and the labor market to be around fu ...