Jerome Powell

Politics

Fed's Powell pledges diversity focus in filling reserve bank openings

U.S. Federal Reserve Chair Jerome Powell on Thursday promised to redouble efforts to find "diverse candidates" to replace two high-profile officials who resigned this week after criticism of their securities trading, as the central bank tried to regroup from a blow to its typically staid, technocratic image.

Politics

Wall Street eyes four more years for Powell at Fed

Federal Reserve Chairman Jerome Powell remains favored for renomination by the White House, and if recent history repeats itself a decision may come at any time before the central bank meets again in early November.