News

Fed Chair Jerome Powell grilled over ‘lavish’ HQ renovations: ‘Belong in the Palace of Versailles’
Powell said the Fed’s Eccles building, constructed between 1935 and 1937, “really needed a serious renovation,” saying that among the building’s issues, “it was not really safe and it was ...
Powell defends Fed’s ‘careful’ approach amid Trump insults, GOP pressure
Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
US stocks hang near their record as Wall Street takes a breath following two big days
U.S. stocks are hanging near their all-time high as financial markets catch a breath following two big days bolstered by ...
Fed Chair Powell: We're seeking comment on proposal for SLR reform without excluding treasuries
CNBC’s Steve Liesman joins 'Squawk Box' with the latest news from Fed Chair Powell. Researchers at UC San Diego simulated a 6.9 earthquake to see if this 10-story building would hold its integrity.
Fed Chair Powell: Not our job to comment on tariff policy
CNBC’s Steve Liesman joins 'Squawk Box' with the latest news from Fed Chair Powell. Researchers at UC San Diego simulated a 6.9 earthquake to see if this 10-story building would hold its integrity.