Jerome Powell

3 briefs

decision 2026-05-04

The Fed Has No Move. That Is Now the Official Position.

Four dissents, a lame-duck chair, and a war pushing oil prices up while jobs cool. The central bank that cannot cut is also the one that cannot raise.

power 2026-04-30

Kevin Warsh Clears Senate Banking Committee. The Fed's Independence Window Is Closing.

The party-line 13-11 vote advances a nominee who pledged Fed independence but whose confirmation is a direct reward for Trump's months-long pressure campaign against Powell.

power 2026-04-15

Trump Threatens to Fire Powell. The Market Says He Won't Get What He Wants Either Way.

The Federal Reserve chair's term ends May 15, but his replacement can't get confirmed, a criminal investigation is blocking the vote, and Powell says he's staying. No one is getting a rate cut.