Trump names Jay Powell to replace Janet Yellen as Fed chair
Powell served as undersecretary of the Treasury under George H.W. Bush and was appointed to the Federal Reserve Board of Governors by Barack Obama in 2012.
New Jersey representative Scott Garrett discusses a possible perception that the Federal Reserve has demonstrated a bias towards one party.
By MICHAEL FALCONE NOTABLES --WHAT WE KNOW ABOUT HOW HILLARY IS GETTING READY: Hillary Clinton is hunkering down and doing her homework ahead of tomorrow's first Democratic presidential debate. According to a campaign official, she's been holding mock debates to prepare -- with some of her top
Ben bernanke is out with a new book, "The courage to act." Earlier this week, he talked to GE This is a pivotal moment for America's economy. Back, what is the single most impot? The decision that made the biggest difference? I was in the cia. I'm a private citizen now. Reporter: "Homeland's"
THIS IS A RUSH TRANSCRIPT. ANNOUNCER: Starting right now on ABC This Week. Stunning shakeup: Republicans in congress desperate to find a new leader as chaos erupts on Capitol Hill . Can someone finally bring the party together? Plus, crunch time: Democrats preparing for their biggest moment yet,
So I love the scene where he's saying financial crisis with President Bush essentially told. In the fate of the US global economy. In your hands you must feel relief every day happening to Lou Paulson and me we were the president basically told us. You know to you guys do which it needs to be done
He doesn't want to do it. I was looking -- there was one day in the 16th century when two speakers of the house of commons were beheaded on the same day. We should have had that as the puzzler. That was really tough job to fill at that point, when two were beheaded on the same day. He's feeling the
Former Federal Reserve Chairman Ben Bernanke pushed back against past criticism from Democratic presidential candidate Sen. Bernie Sanders over the Fed’s action during the 2008 financial crisis , calling the Vermont senator -- and others -- "mistaken" in their criticisms. Sanders specifically has
Excerpted from The Courage to Act: A Memoir of A Crisis and Its Aftermath by Ben S. Bernanke. Copyright © 2015 by Ben S. Bernanke. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved. Prologue: I Can Still Stop This . . . It was 8:00 p.m. Tuesday, September 16, 2008.