Jay Powell Is Good At Politics. Just Don’t Call Him Political.
9 months, 2 weeks ago

Jay Powell Is Good At Politics. Just Don’t Call Him Political.

Politico  

That poor guy has been through a lot since the Senate confirmed him in early 2018, and his endurance in the role offers a lesson in the politics of the American economy. “I was praising him for the soft landing, the incredible numbers that the economy has right now,” Beyer said, but added that Powell had resisted a mission-accomplished moment: “He pushed back and said, ‘That’s where we are today.’” Powell has taken a much more active role than his predecessors in building relationships on Capitol Hill, where he listens to lawmaker views, explains the Fed’s actions and fields their questions on the economy. “He really always played it pretty straight,” said former Sen. Pat Toomey, who used to be the Banking Committee’s top Republican and has often been critical of Fed policy. Last summer, Sen. Thom Tillis in the middle of questioning Powell told the Fed chief that his dog, Gus, “says hello.” “Chair Powell’s met my office dog,” he told the room. “Part of Jay’s view gets formed by the fact that he talks to a bunch of smart people who think about this all the time,” said Randy Quarles, who served as Fed vice chair for supervision under Trump and has known Powell for decades.

History of this topic

The US Fed seems as clueless as markets about its policy path from here on
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Donald Trump says he has no plans to replace US Fed Chair Jerome Powell: ‘If I asked him...’
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1 month ago
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1 month, 1 week ago
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1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 2 weeks ago
Trump seizes on Fed rate cut to open new line of attack on economy
3 months ago
Trump threatened to fire 'this idiot' Fed chairman unless he did his bidding: book
4 months ago
Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing
5 months, 2 weeks ago
Fed’s Powell highlights slowing job market, signaling that rate cuts may be near
5 months, 2 weeks ago
Trump says he would replace ‘political’ US Fed chair Powell if elected
10 months, 2 weeks ago
Jerome Powell could face more opposition as Fed choices get tougher
1 year, 7 months ago
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2 years, 7 months ago
Jerome Powell confirmed for second term as Fed Chair
2 years, 7 months ago
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3 years, 1 month ago
Biden reappoints Jerome Powell as Fed chairman at a critical time for the economy
3 years, 1 month ago
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3 years, 2 months ago
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3 years, 3 months ago
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3 years, 3 months ago
Progressives led by AOC call for Biden to replace Fed Chair Powell
3 years, 3 months ago
As prices rise at rapid pace, Fed chief seeks patience
3 years, 5 months ago
Fed’s Powell sees US boom ahead, with COVID still a risk
3 years, 8 months ago
Stocks show Jerome Powell is still Wall Street’s head of state
4 years, 1 month ago
Fed's Jerome Powell Calls For More Economic Aid, Warning 'Weakness Feeds On Weakness'
4 years, 2 months ago
Powell faces lawmakers’ skepticism on some Fed aid programs
4 years, 3 months ago
Jerome Powell Has The Most Humiliating Job In America
4 years, 6 months ago

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