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United States Chair of the Federal Reserve Jerome Powell states that increased unemployment rates and labor market cooling has made it necessary for the Federal Reserve to markedly reduce interest rates in the near future.
2024-08-23

Democrat Mary Landrieu loses her bid for a fourth term representing Louisiana in the United States Senate to Republican Congressman Bill Cassidy in Saturday's runoff election, increasing the GOP majority in the U.S. Senate to 54 seats.
2014-12-7

U.S. President Barack Obama nominates Janet Yellen to become the next chair of the Federal Reserve after Ben Bernanke leaves that office.
2013-10-9

The U.S. Department of Treasury may probe why Bloomberg News reporters were monitoring how investment bank employees searched their site for financial information, including U.S. Chairman of the Federal Reserve Ben Bernanke and Treasury Secretary Timothy Geithner.
2013-05-13

Ben Bernanke, chairman of the U.S. Federal Reserve announces explicit ties between Fed policy on interest rates and economic goals, especially unemployment.
2012-12-12

The chairman of the U.S. central bank, the Federal Reserve, likely will not stand for re-election to that post. Ben Bernanke has reportedly told friends he will leave when his term ends in January 2014 regardless of who wins the Presidential election campaign.
2012-10-22

The U.S. Senate confirmed two of the President's nominees to the Federal Reserve, bringing board membership up to the statutory complement of seven. This is the first time all seven seats have been filled in six years.
2012-05-17

In an unprecedented question and answer meeting with reporters, the U.S. Federal Reserve chairman Ben Bernanke expects less economic growth for 2011 as the economy has been weaker in recent months than he had thought it would be.
2011-04-27

Ben Bernanke, the Chair of the Federal Reserve, says the United States Federal Reserve is prepared to act against the prospects of deflation but expects economic growth to continue during the latter half of 2010 "albeit at a relatively modest pace."
2010-08-27

A spokesman for U.S. President Barack Obama expresses the administration's support for a second term for the incumbent Chairman of the Federal Reserve, Ben Bernanke, and says lawmakers would send a bad message by "playing politics in any way" with Bernanke's confirmation.
2010-01-24