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Biden taps Jerome Powell for second term as Fed chair, signaling continuity at central bank

November 23, 2021

WASHINGTON - During his first term as Federal Reserve Chair, Jerome Powell faced blistering political pressure and an enormous economic crisis. He has confronted an ethics scandal within the central bank and the steepest inflation in more than 30 years.

Fed chair warns of long, painful downturn if Congress does not provide more economic relief

May 13, 2020

WASHINGTON - Federal Reserve Chairman Jerome Powell gave a dire warning Wednesday that the U.S. economy could become stuck in a painful multi-year recession if Congress and the White House do not approve more aid to address the coronavirus pandemic's economic fallout.

Fed chair warns of 'heartbreaking' scenario as U.S. economy suffers worst first quarter since Great Recession

THURSDAY, APRIL 30, 2020

WASHINGTON - The U.S. economy suffered its sharpest decline since the Great Recession - a 4.8 percent drop - from January through March, and the head of the Federal Reserve warned the second quarter would be even uglier as many Americans continued to stay home to stem the spread of the coronavirus.

Confidence in Fed chair hits highest point since Greenspan era

THURSDAY, APRIL 23, 2020

Americans' confidence in the Federal Reserve's leadership reached a 15-year high as the central bank moved aggressively to counter the crippling economic impact of the coronavirus pandemic.

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Biden taps Jerome Powell for second term as Fed chair, signaling continuity at central bank

Fed chair warns of long, painful downturn if Congress does not provide more economic relief

Fed chair warns of 'heartbreaking' scenario as U.S. economy suffers worst first quarter since Great Recession

Confidence in Fed chair hits highest point since Greenspan era