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Jay Powell

A collection of 3 posts

Trump nominates Kevin Warsh to be Fed chair — Static01.nyt.com

Trump nominates Kevin Warsh to be Fed chair

President Trump has nominated Kevin Warsh to be the next Federal Reserve chair; if the Senate confirms him he would replace Jay Powell, whose term as Fed chairman expires in May, the article says. Warsh is a former Fed governor who played a prominent role during the 2008 global financial

Broad bipartisan and market pushback grows over Powell criminal probe — Static01.nyt.com

Broad bipartisan and market pushback grows over Powell criminal probe

A criminal investigation into Federal Reserve Chair Jay Powell has prompted growing resistance in Washington, with former central bankers, some Republican lawmakers and market participants rallying to his defense as the dispute with the Trump administration deepens. Powell accused the administration of using threats of a federal criminal investigation as

Justice Department opens criminal investigation into Fed Chair Jay Powell — Static01.nyt.com

Justice Department opens criminal investigation into Fed Chair Jay Powell

The Justice Department has opened a criminal investigation into Federal Reserve Chair Jay Powell, prompting an uncharacteristically sharp response from Powell and renewed concern about the Fed’s political independence, DealBook’s Andrew Ross Sorkin wrote. In a statement from the Fed and a rare video message, Powell said: "