Jerome Powell stories

Jun 1, 2026

Federal Reserve Chair Powell Warns Against Politicizing the Fed

Federal Reserve Governor Jerome Powell warned that politicizing the Fed would cost public trust and made a broader call for defense of democratic institutions, saying they face a 'stress test.'

Jun 1, 2026·2 sources

Apr 30, 2026

Federal Reserve Holds Interest Rates Steady in Split 8-4 Vote at Powell's Final Meeting as Chair

The Federal Reserve maintained interest rates unchanged in what is expected to be Jerome Powell's final FOMC meeting as chairman, with a split 8-4 vote creating uncertainty around future policy. Kevin Warsh cleared Senate Banking Committee approval to become the next Fed chair.

Apr 30, 2026·5 sources

Apr 24, 2026

DOJ Drops Criminal Probe of Fed Chair Powell, Clearing Path for Warsh Confirmation

The Department of Justice closed its criminal investigation into Federal Reserve Chair Jerome Powell, passing the matter to the Fed's inspector general. The move clears a potential obstacle for Senate confirmation of crypto-friendly Kevin Warsh as Powell's replacement.

Apr 24, 2026·3 sources

Apr 9, 2026

Treasury and Fed call bank CEOs to emergency meeting over Mythos threat

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned major bank CEOs to an urgent meeting to warn that Anthropic’s Mythos model could sharply raise cyber risk for the financial system.

Apr 9, 2026·4 sources

Top claims

▪Jerome Powell stated that democratic institutions take much time, effort, and patience to build but can be torn down all too quickly.
▪Jerome Powell stated that the Federal Reserve has been undergoing a stress test.
▪Jerome Powell decided to continue as a Federal Reserve governor in part because of what he regards as ongoing threats to the Federal Reserve's independence.