Ty Roush is a breaking news reporter based in New York City. Federal Reserve Chair Jerome Powell on Wednesday said he would remain as a central bank governor “for a period” after his chairmanship ends and maintain a “low profile,” suggesting he’s ...

When Jerome H. Powell was sworn in as chair of the Federal Reserve in February 2018, the unemployment rate stood at 4.1% and the US economy had added 2 million jobs over the previous year. The S&P 500 (^GSPC) was at 2,

The incoming chair of the Fed will need to navigate a delicate economic moment, a president who wants to lower rates and an increasingly divisive leadership committee.

In the likely final meeting of Jerome H. Powell's term as chair, the Fed left rates unchanged. A senate panel earlier Wednesday approved Kevin Warsh to succeed him.

The Trump administration was none too happy last week when D.C. U.S. District Judge James E. Boasberg blocked a grand jury subpoena in the criminal investigation into whether Federal Reserve Chair Jerome Powell lied to Congress in testimony last year ...

Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul.

Jerome H. Powell said Wednesday that he would remain at the helm of the Federal Reserve after the expiration of his term as chair in mid-May, as long as his successor has not yet been confirmed by the Senate. That is the opposite outcome that President ...