Truthout
Jerome Powell
Biden Picks Jerome Powell to Lead Federal Reserve Despite Progressive Warnings
Progressive advocates and lawmakers have warned that Powell is soft on Wall Street and climate issues.
Federal Reserve Officials Banned From Owning Individual Stock After Scandal
The agency is floundering after reports unveiled huge stock trades by top officials in the agency over the pandemic.
Fed Chair Jerome Powell Sold Over $1 Million in Stocks Right Before Crash
The sale came on the first day of October 2020, which was among the worst months of the pandemic for the stock market.
Warren Calls for Insider Trading Investigation at Fed After Scandal Emerges
Directly before pandemic policy changes were announced, the Fed's vice chair made stock trades worth up to $5 million.
Activists Ramp Up Pressure on Biden Administration Ahead of UN Climate Talks
Climate justice activists are intensifying their push for President Biden to appoint a climate leader to head the Fed.
Elizabeth Warren Calls for Ban on Federal Reserve Officials Trading Stocks
The agency is looking into changing its rules around allowing its staff members to trade stocks.
Tlaib and Pressley File Bill to Force Fed to Divest Banks From Fossil Fuels
The bill requires the Fed to ensure bank financing projects are in line with the U.S.’s climate commitments.
Biden Shouldn’t Reappoint Powell to Federal Reserve. He’s Soft on Wall Street.
Under Trump, Jerome Powell supported rolling back several financial regulations put in place after the Great Recession.
AOC and Rashida Tlaib Urge Biden to Dump Trump’s Fed Chair
Critics say Jerome Powell's track record on climate and financial regulation should disqualify him from staying on.