Lael Brainard is more aligned with the president, so picking her may please Democrats. Powell may have a more bipartisan seal of approval.
When the economy hits hard times, survey data shows, people are less likely to worry about the environment.
As Jerome H. Powell nears the end of his term as Federal Reserve chair, Ms. Yellen will have a say over whether he should stay on. Many progressive Democrats want him replaced.
Federal Reserve officials are debating what to do as price risks loom, even as its leaders and the White House say today’s surge will most likely cool.
If you are trying to grasp Bitcoin and understand what China’s digital yuan means, America’s Federal Reserve is right there with you.
Central bankers have said they aren’t worried about a pop in longer-term bond yields. If they do become concerned, they have some options.
The central bank joined a network of global financial regulators focused on climate risk. The response to the move underlined its tricky politics.
The Fed governor is seen as a top candidate for the job, though some progressives try to paint her as a centrist who was soft on China.
With Joe Biden leading in several important battleground states, his advisers and allies have moved rapidly to discuss hiring in critical roles, especially those overseeing the coronavirus response.
The Democratic nominee is seeking to balance experience and diversity in preparing a team for a potential administration if he wins in November.
It’s impossible to guess what the trajectory for the economy will look like, a series of central bankers warned. That makes nimbleness key.
The central bank said the financial system “amplified” the shock in March, and warned that vulnerabilities remain heightened.