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Fed Chair Powell to report to Congress on the COVID-19 economy

Jun 16, 2020
He's expected to elaborate on his pessimistic forecast that millions of people who have lost their jobs during the pandemic may not get them back.
Federal Reserve Chair Jerome Powell will testify before the Senate Banking Committee this week.
Mark Makela/Getty Images

Can Trump fire Fed Chair Jerome Powell?

The president isn’t happy with the Federal Reserve’s interest rate hikes.
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve, Jerome Powell, speaks during a press event at the White House last year.
Drew Angerer/Getty Images