U.S. Federal Reserve

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Digital Currency Illustration by Greg Groesch/The Washington Times

Digital currency is an imperative, not a choice

By Peter Morici

In this Sept. 30, 2021, file photo, Federal Reserve Chairman Jerome Powell testifies during a House Financial Services Committee hearing on Capitol Hill in Washington. (Sarah Silbiger/Pool Photo via AP, File)

Fed to start reining in economic aid as inflation risk rises

By Christopher Rugaber - Associated Press

U.S. economist Larry Summers speaks during a panel on the second day of the annual meeting of the World Economic Forum in Davos, Switzerland, Wednesday, Jan. 18, 2017. (AP Photo/Michel Euler) ** FILE **

‘Woke’ Federal Reserve in danger of losing control of inflation, economists warn

By Dave Boyer - The Washington Times

Burning Money over Inflation Illustration by Greg Groesch/The Washington Times

Powell and Biden stifle growth, gamble on inflation

By Peter Morici

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act on Capitol Hill, Tuesday, Sept. 28, 2021 in Washington. (Kevin Dietsch/Pool via AP)

Powell defends Fed policies, says inflation may persist

By Christopher Rugaber - Associated Press

FILE - This May 4, 2021 file photo shows the Federal Reserve building in Washington. The Federal Reserve said Thursday, Sept. 16, that it is reviewing its ethics policies governing senior officials' financial holdings, in the wake of disclosures that two regional Fed presidents engaged in extensive trading last year. (AP Photo/Patrick Semansky, File)

Fed reviews ethics policies after prolific trading uncovered

By Christopher Rugaber - Associated Press

From left, Rep. Ayanna Pressley, D-Mass., Rep. Alexandria Ocasio-Cortez, D-N.Y., and Rep. Rashida Tlaib, D-Mich, arrive for the funeral service of Rep. Elijah Cummings at New Psalmist Baptist Church, Friday, Oct. 25, 2019, in Baltimore. The Maryland congressman and civil rights champion died Thursday, Oct. 17, at age 68 of complications from long-standing health issues. (AP Photo/Steve Ruark)

The Squad urges Biden to ‘reimagine’ the Federal Reserve

By Chris Talgo

Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, July 15, 2021, on Capitol Hill in Washington. Powell said Tuesday, Aug. 17, 2021, that the U.S. economy has been permanently changed by the COVID pandemic and it is important that the central bank adapt to those changes. “We're not simply going back to the economy that we had before the pandemic,” Powell said at a Fed virtual town hall for educators and students. (AP Photo/Jose Luis Magana, File)

Powell: Fed on track to slow aid for economy later this year

By Christopher Rugaber - Associated Press

Illustration on the Federal Reserve Bank by Alexander Hunter/The Washington Times

The politically influenced Federal Reserve is decadent

By Peter Morici

Federal Reserve Board Chair Jerome Powell testifies before Senate Banking, Housing, and Urban Affairs hearing to examine the Semiannual Monetary Policy Report to Congress, Thursday, July 15, 2021, on Capitol Hill in Washington. (AP Photo/Jose Luis Magana)

As prices rise at rapid pace, Fed chief seeks patience

By Christopher Rugaber - Associated Press

Illustration on the Federal Reserve and SEC by Alexander Hunter/The Washington Times

‘Woke’ Fed, SEC care more about Democratic donors than the American public

By Michael McKenna

FILE - In this June 22, 2021 file photo, Federal Reserve Board chairman Jerome Powell testifies on the Federal Reserve's response to the coronavirus pandemic during a House Oversight and Reform Select Subcommittee on the Coronavirus hearing on Capitol Hill in Washington. Federal Reserve officials began debating at their June meeting when and how they would reduce the monthly bond purchases that they have used to keep longer-term interest rates in check. (Graeme Jennings/Pool via AP)

Federal Reserve pledges ‘powerful support’ for economy

By Martin Crutsinger - Associated Press

Sen. Pat Toomey, R-Pa., departs on Capitol Hill in Washington, Saturday, Feb. 13, 2021 in this file photo. AP Photo/Alex Brandon) **FILE**

Toomey pushes scrutiny of Fed as banks embrace ‘woke’ agenda

By Haris Alic - The Washington Times

Fed Inflationary Policy Illustration by Greg Groesch/The Washington Times

Don’t believe Biden’s Fed about inflation

By Peter Morici

FILE - In this Dec. 1, 2020, file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. During an interview broadcast Sunday, April 11, 2021, on CBS' &quot;60 Minutes,&quot; Powell said the U.S. economy is poised for an extended period of strong growth and hiring, though the coronavirus still poses some risk. (Al Drago/The New York Times via AP, Pool, File)

Inflation threatens because the Federal Reserve is inept and corrupt

By Peter Morici

FILE - In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve reports that the U.S. economy grew at a somewhat faster pace from early April to late May despite adverse effects from supply chain disruptions. The Fed’s latest survey of economic conditions around the nation released Wednesday, June 2 2021, said that several Fed districts reported positive effects on the economy from increased vaccination rates and relaxed social distancing measures. (AP Photo/Susan Walsh, Pool, File)

Fed to sell off assets from an emergency loan program

By MARTIN CRUTSINGER - Associated Press

In this Oct. 1, 2020, photo, a woman walks past a personal finance loan office in Franklin, Tenn. U.S. consumer borrowing rose by a strong $25.8 billion in March 2021, the second-straight sizable monthly gain. The number released Friday, May 7 by the Federal Reserve represents another indication that the U.S. economic recovery is gaining steam. (AP Photo/Mark Humphrey) **FILE**

GOP lawmakers accuse Biden of letting Federal Reserve pursue ‘woke’ agenda as inflation looms

By Haris Alic - The Washington Times

Inflation and the Federal Reserve illustration by The Washington Times

Time to rein in Federal Reserve’s lawless monetary policy

By Alexander William Salter

Groceries are shown at a checkout counter, Friday, April 16, 2021, at a grocery store in Surfside, Fla. U.S. consumer prices surge 0.8% in April, pushing the rise in inflation over the past year to the fastest rate in more than a decade, an acceleration that has stirred worries about rising inflation. The Labor Department reported Wednesday, May 12, that the price consumers pay for their purchases of everything from food and clothes to new cars rose at a faster pace than last month’s 0.6% rise. (AP Photo/Wilfredo Lee)

Consumer prices jump 0.8% in April as inflation worries escalate

By Martin Crutsinger - Associated Press

FILE - In this Aug. 14, 2019, file photo former Fed Chair Janet Yellen speaks with FOX Business Network guest anchor Jon Hilsenrath in the Fox Washington bureau in Washington. Treasury Secretary Yellen announced on Friday, May 7, 2021, that she was appointing Michael J. Hsu, a top banking regulator at the Federal Reserve, to be the acting U.S. Comptroller of the Currency. Yellen said that she planned to designate Hsu as first deputy comptroller which will allow him to serve as acting comptroller. (AP Photo/Andrew Harnik, File)

Yellen picks top Fed banking regulator as acting comptroller

By MARTIN CRUTSINGER - Associated Press