Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or a specific outcome.
Jerome Powell Says He’s ‘Not Concerned’ About Federal Reserve Independence Under Trump
The Fed sets monetary policy “for the benefit of all Americans at all times, not for any particular political party or political outcome,” Powell said Wednesday.
Powell says he's not concerned Fed might lose its independence
Federal Reserve Chair Jerome Powell said he's not concerned that the central bank would lose its independence. Powell said he thought there was strong support in Congress for the idea of an independent central bank.
Powell says he's not worried about the Fed losing its independence under Trump
Fed Chair Jerome Powell said Wednesday he isn't worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January. There are safeguards in the congressional legislation that created the central bank that will help preserve it from political influences,
Powell 'not concerned' US Fed would lose independence under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
Powell: 'I'm not concerned' that there's risk Fed would lose statutory independence
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Gabe Pacheco suffered a blinding assault by people angered at his relationship with another man. "I lost everything." He ...
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Family of mother and baby killed by Independence police call for full release of video from incident
The family of Maria Pike and her baby Destinii Hope rallied outside of Independence Police headquarters Sunday and demanded ...
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Investigation completed in deadly Independence police shooting
The agency tasked with investigating the deadly police shooting last month at an Independence apartment complex has turned ...
Family of Independence mother, baby killed during police shooting speak out
Family members of Maria Pike, 34, and Destinii Hope, two months old, continue their search for accountability nearly one ...
A Second Trump Term Poses a Crucial Test of the Senate’s Independence
President-elect Donald J. Trump is threatening to challenge the institution’s historic role, and the Constitution, with his ...
Man charged with shooting person in Independence, leaving body in vehicle on highway
The details of the shooting and the body’s discovery outlined in court documents match the details surrounding the ...
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Independence woman charged with abandoning corpse of victim found in vehicle on highway
An Independence woman has been charged in connection to the death of a victim who was reported missing and later found dead ...
Independence man charged with murder in death of 19-year-old found in car near I-435
An Independence man has been charged with murder in the death of a 19-year-old who was found in a car near I-435 on Sunday.