Fed holds rates steady, Powell says central bank’s independence intact

'While job gains have remained low, the unemployment rate has shown some signs of stabilization,' US central bank chief Jerome Powell said after Fed policymakers voted to hold the benchmark interest rate. #federalreserve #uscentralbank #jeromepowell #interestrates #useconomy #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: Keep up with the latest news from around the world: Follow Reuters…

https://fllics.com/en/video/fed-holds-rates-steady-powell-says-central-banks-independence-intact/

This video looks like something you would see in the Nixon era. Probably because Jerome Powell is of a certain age. In any case, this is momentous. Cynically, it might be easier to stop the current POTUS from following up with this because of market pressure (and maybe devaluation of the dollar) coming from this, than from killing US citizens on daylight.

https://youtu.be/KckGHaBLSn4

There is an accompanying statement below, but the fact that he decided to create a video shows that he is well aware of the need for multimedia/multi-messenger sharing.

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm

And the first time I read about this was on the WSJ (News+ link below):

https://apple.news/AoeM1575zTVe93-DTyj92Qw

As @gruber said in @daringfireball, when the WSJ starts raising concerns… 

https://daringfireball.net/linked/2026/01/11/powell-statement

#USPol #Fed #FederalReserve #USCentralBank #JeromePowell #Subpoenas

Wow, the Republicans in Congress can work FAST when they want to!

They have already confirmed a replacement for the Fed governor that recently resigned.

#USA #USpol #USFederalReserve #USCentralBank
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https://www.theguardian.com/business/2025/sep/15/stephen-miran-federal-reserve-lisa-cook

US judge temporarily blocks Trump from removing Fed Governor Cook —

Reuter’s Summary:

• Judge finds #Trump move likely unlawful

• Ruling will keep Cook in office while lawsuit proceeds

• Trump admin accused #Fed governor of mortgage fraud

My add-ins:

• Trump has said his people (“we”) will have a majority in the Fed soon (I heard him)

• Trump admin is also going after Dem Sen. A. Schiff & NY AG L. James for mortgage fraud

#USA #US #USCentralBank #FederalReserve
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https://www.reuters.com/world/us/us-judge-temporarily-blocks-trump-removing-fed-governor-cook-2025-09-10/

Their goal is to control the US Federal Reserve (Fed) or even eliminate it. Once you see it through that filtering lens, their seemingly innocuous moves start to make more sense 🧐

Also, Bessent is a possible Trump pick to be Fed chair.
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~ Treasury Secretary Bessent calls for "entire" review of Fed~

1🧵
#USA #finance #USpol #trump #USFederalReserve #USCentralBank #MyThoughts
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https://www.reuters.com/world/us/treasury-secretary-bessent-calls-entire-review-fed-2025-09-05/

‘Serious danger’ if Trump gains control over US monetary policy, warns European central bank chief

Christine Lagarde, President of the European Central Bank, has voiced concern over the possibil…
#NewsBeep #News #Headlines #ChristineLagarde #EuropeanCentralBank #FederalReserveBoard #federal-reserve #Latvia #LV #monetarypolicy #StephenMiran #Trumpgainingcontroloverfed #Trumpnominations #Trump'seconomicpolicies #UScentralbank #USeconomy #uspresidentdonaldtrump
https://www.newsbeep.com/96209/