logo

Powell testimony

Share on facebook
Share on twitter

Fed Chairman Jerome Powell's testimony to Congress on monetary policy – 2/12/2020

15 923 views | 12 Feb. 2020

Federal Reserve Chairman

Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee at a hearing on monetary policy.

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC

#CNBC TV

Fed Chairman Jerome Powell's testimony to Congress on monetary policy – 2/12/2020

Destin McCall

We dont want no crypto currency so youll can track us people even more than youll do already ! No thanks

GMac5409

SO disappointed by Jay Powell. When he first came into the public eye, I had such high hopes for him...his integrity and his experience. Now appears he is just as beholden to the gang that is determining monetary policies for the USA as almost everyone else involved. Dangerous manipulating / interpretations of the rules and the mission of their agencies.

ArkanSILVER

More QE....hmmm buy safe haven assets now

Lawrence Betterini

Senator Toomey knows his stuff

The6FootAsian

I’m not trying to look down on anyone here, but all the comments here are very conspiratorial. The Fed is a very solid institution that sometimes get their numbers wrong. Powell has taken steps to fix this, to a limited degree of success, but still a success. Also rates have not been the main driver of the stock market’s performance. That’s earnings growth, which has accelerated due to the tax cuts, not Fed policy.

Jsmes Wagner

The Congress no longer has to tell the people how much money they spend in bailouts. The dodd Frank agreement allows billions of dollars to be pumped into the markets to stabilize it. It will have a recession again.

JRL INNOVATIONS

End the Fed!

Lena Romero

Powell you have NO tools to help the people, just the banks and markets. It’s incredible what’s happening here, somehow they think we don’t know the level of the FEDS criminality, printing out of thin air, nothing backing the dollar , it has ZERO value. Everything gonna collapse. Keep banks on their toes buying all the assets , leaving us on the STREET. You should see the homeless in my little town. Sickening. And those working suffering just as much.

David Merch

FED ARE SCAM ARTIST TO OUR NATION - ASK ABOUT REPO OPERATIONS. THE FED WILL INDUCE A BEAR MARKET

Ezali

"The Horrible Jerome H. Powell" not, "The Honorable...".

BITCOINFTW

Hawlah atcha Bitcoin

Bedders

Brown (paraphrasing) - important to keep the credit flowing so citizens can buy “houses” and “cars”(!) This is what’s wrong with America. Apparently a worthy use of credit is for people to buy a new car every few years to keep up with the Jones’. If you can’t buy a car with cash, you can’t afford it and you’re being financially irresponsible by borrowing to have it Period! Buy a second hand cheap car!

Mango Mangay

The Fed will end within twenty years.
"Gabriel is blowing His horn now. Can't you hear it?"
-Papa Johnathon

J S

WE know what the FED is up to. You're not getting another 2008 guys.

Samuel Boles

What a pc of trash Mr. brown is what a pc of trash

Ken Barrett

Brown and Reed must be ignoring that tax cuts benefited the middle class significantly. Brown and Reed must have missed the high employment/low employment statistics. The increase in the number of open job positions will drive salaries up modestly. On Brown's point regarding raising the minimum wage I am not opposed to a modest increase each year. Brown seems focused on redistribution.

Gentry Demchak

Here's an idea for the fed to increase labor force participation: distribute money to people, not banks, so they can learn skills.

Marcus Hale

F the poor.. keep pumping the stock market ?? you know what's up Powell ?? getting money

Kristofer Johansson

Does the Swedish Financial Minister watch this?

Darius A.

No, Mr Crapom U.S. will not lead blockchain innovation, we don´t need America for that, we create and lead this technology for our self. RIP all the congress and FED.

Powell testimony

Share on facebook
Share on twitter

Watch Fed chair Jerome Powell's opening statement ahead of his House testimony

3 283 views | 22 Sep. 2020

Jerome Powell, Federal

Jerome Powell, Federal Reserve chair, gives his opening statement ahead of the. House Committee of Financial Services testimony. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin are testifying Tuesday before the House Financial Services Committee. Each will discuss his agency’s response to the coronavirus pandemic and answer questions from the committee’s lawmakers.

Since March, the Fed and Treasury have introduced a litany of programs aimed at lending money to businesses struggling for liquidity as Americans stay at home. Their efforts include the Main Street Lending Program aimed at companies with fewer than 15,000 employees, the Paycheck Protection Program and direct stimulus checks to U.S. workers.

In prepared remarks he will deliver in person to the committee, Powell doubled down on the Fed’s pledge to aid the economy through the pandemic and summarized what the central bank has done so far.

“We remain committed to using our tools to do what we can, for as long as it takes, to ensure that the recovery will be as strong as possible, and to limit lasting damage to the economy,” Powell said in his prepared testimony.

“Economic activity has picked up from its depressed second-quarter level, when much of the economy was shut down to stem the spread of the virus. Many economic indicators show marked improvement,” he added. “Both employment and overall economic activity, however, remain well below their pre-pandemic levels, and the path ahead continues to be highly uncertain.”

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

For info on the best credit cards go to CNBC Select:

https://www.cnbc.com/select/best-credit-cards/

#CNBC

#CNBCTV

Heather Cole

It is certain and it is not good if they don't do something

Phillip Minks

#SeatsForStimulus
#NancyPelosi
#ProblemSolversCaucus
#SteveMnuchin
#Senate
#PurplePower
#HouseOfRepresentatives
So you guys wanna keep playing games with a stimulus package? Well we are going to use our purple power and get "the ones" who are holding it up ... well were gonna vote you out! Whoever is involved with not supporting a package or a deal.. we will expose you and make sure your kicked out of office. I have been here since the beginning and I'm not giving up. Us Patriots will come together even more just to push you all out. We are NOT PLAYING GAMES Let this be your warning!
#PeoplePower
#ComeTogetherPurplePower
#LaLate
#JeromePowell

Nancy Russo

No stimulas checks no vote

Tina Pitts

Lies lies lies

A. Ali

Dude just give few billions to zombie companies .... stop the dog n pony braava...... duuudeee ...... stop taking us for a fool man ........ whats the point ...... its been going on till 2000.....

Bonnie Wallace

We need stimulus- please

Kenneth Lewis

This is why we need to institute a universal basic income NOW

Jeff Falk

Wow! Smoke 'N' Mirrors for main street and a new castle for the bankers.

Will Cliff

Covid map indicates Africa is doing better fighting the pandemic than Europe,N and S America and parts of Asia.They are doing something right,we must learn fast.

Jean Pennellatore

We need another Stimulus .People are hurting. YOU ALL HAVE STALLED TO LONG .YOU PUT US ?? TO SHAME AT LEAST CANADA CARES FOR THEIR PEOPLE .

Jeffrey Morales

Joe Biden yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes 2020 1882 USA ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?✌?

Donna Ward

We should've had something by now ...1200 is a punch in the face!

Bonnie Lyell

What is wrong with the United States they are letting the American People suffer Thought this was a rich country yes maybe for the rich and not the poor people

Powell testimony

Share on facebook
Share on twitter

WATCH: Mnuchin, Powell testify about CARES Act

42 752 views | 1 Dec. 2020

Stream your PBS favorites

Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG

Find more from PBS NewsHour at https://www.pbs.org/newshour

Subscribe to our YouTube channel: https://bit.ly/2HfsCD6

Follow us:

Facebook: http://www.pbs.org/newshour

Twitter: http://www.twitter.com/newshour

Instagram: http://www.instagram.com/newshour

Subscribe:

PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts

Newsletters: https://www.pbs.org/newshour/subscribe