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Chair of the Federal Reserve

American government office

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Chair of the Federal Reserve: American government office
The Chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, which is the central banking system of the United States. The position is known colloquially as "Chair of the Fed" or "Fed Chair". The chair is the "active executive officer" of the Board of Governors of the Federal Reserve System. The chair reports to the United States Congress twice a year on progress towards the Fed’s responsibilities and monetary policy objectives, which are "maximum employment, stable prices, and moderate long-term interest rates."

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Treasury, Fed heads grilled for coronavirus response [Video]

Treasury, Fed heads grilled for coronavirus response

Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell were in the hot seat Tuesday as they faced senators for the first time in a required update on the financial response to the..

Credit: Reuters - Politics     Duration: 02:47Published
Fed's Powell warns economic recovery will be slow [Video]

Fed's Powell warns economic recovery will be slow

Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, warned on Wednesday of an "extended period" of weak growth and stagnant incomes,..

Credit: Reuters Studio     Duration: 02:07Published
Wall Street slumps after somber Fed outlook [Video]

Wall Street slumps after somber Fed outlook

Wall Street's three major indexes closed lower for the second day in a row after Federal Reserve Chairman Jerome Powell warned on Wednesday of extended economic weakness due to the coronavirus pandemic..

Credit: Reuters Studio     Duration: 02:07Published

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