Jerome Powell is the first gentile to run the Federal Reserve in 30 years.
Federal Reserve Chair Janet Yellen returned to the White House on Friday to have lunch with President Donald Trump’s top economic adviser, Gary Cohn.
“It’s Gary’s if he wants it, and I think he wants it,” one Republican close to the selection process said, according to Politico.
Conservative Trump supporters are dismayed at his warming up to Federal Reserve chair Janet Yellen.
Here are six more Time might have gone with.
President-elect Donald Trump and Fed Chair Janet Yellen may emerge as unlikely allies as the incoming administration moves towards policies Federal Reserve officials have long advocated and the Fed contemplates a “high-pressure” economy to try to boost jobs and wages, at least in the short term.
Federal Reserve Chair Janet Yellen said on Wednesday she was “looking forward” to a U.S. interest rate hike that will be seen as a testament to the economy’s recovery from recession.
Federal Reserve Chair Janet Yellen is back in Washington on Friday, a day after receiving emergency medical attention following a speech during which she appeared to lose concentration and which she struggled to finish.
Federal Reserve Chair Janet Yellen wants to see U.S. wages climb at a much brisker clip to boost consumer spending and help workers recoup ground they lost in the last recession, but she’ll have to fend off policymakers who fear that could cause inflation to surge.
Stanley Fischer was raised in southern Africa and once led Israel’s central bank. Now he is joining Janet Yellen at the Federal Reserve.