Ben Bernanke

Treasury Secretary Scott Bessent assured that President Donald Trump remains committed to the independence of the Federal Reserve, while defending the need for accountability by the central bank. Independence Does Not Mean ‘No Oversight’ “Of course he’s committed to the...

U.S. Attorney for the District of Columbia Jeanine Pirro responded to the growing controversy regarding her office’s decision to initiate legal proceedings against Federal Reserve Chair Jerome Powell. Powell ‘Ignored’ DOJ Outreach On Tuesday, in a post on X, Pirro said that her...

Economist Justin Wolfers slammed the latest escalation in the feud between President Donald Trump and Federal Reserve Chair Jerome Powell, after the Justice Department threatened the central bank with a “criminal indictment” over its multi-billion-dollar headquarters renovation project...

Imagine being Jerome Powell this week. On Friday, August 22, the Federal Reserve chairman will step onto the stage at the Jackson Hole Economic Policy Symposium — the most closely watched monetary retreat in the world — with markets, politicians, and even building contractors staring him down....

Economist Jon Faust, a former senior advisor to Fed Chair Jerome Powell, believes that the equations surrounding a rate cut are now fundamentally altered as tensions flare in the Middle East. What Happened: Faust, an economist who has advised former chairs Ben Bernanke and Janet Yellen before...

Betsey Stevenson, a former economic adviser to former President Barack Obama, has challenged the notion that undocumented immigrants are readily obtaining mortgages in the United States. What Happened: Stevenson, now an economist at the University of Michigan, took to X, formerly Twitter, to...

Sen. Rick Scott (R-FLa.) on Tuesday took aim at Federal Reserve Chair Jerome Powell for the problems with the central bank’s balance sheet. Powell Cops The Blame: It is Powell along with his predecessors, namely Janet Yellen and Ben Bernanke, who are to blame for the Fed’s bloated...

Current Fed Chair Jerome Powell and former Fed Chair Ben Bernanke both appeared at the Thomas Laubach Research Conference on Friday, offering monetary policy remarks.  "Price stability is the cornerstone of an economy" Powell said in his opening comments, adding that the...

Tesla CEO Elon Musk took to Twitter to recall the Federal Reserve's lowering interest rates in the aftermath of the 2007-09 Great Recession. The billionaire also recounted how his flagship electric vehicle venture received timely help back then. What Happened: Sharing a chart of the Fed funds...

Cryptocurrency enthusiasts have voiced a petition on Twitter to have the Nobel Memorial Prize in Economic Sciences awarded to Satoshi Nakamoto, the pseudonymous creator of Bitcoin (CRYPTO: BTC). This comes days after the Royal Swedish Academy of Sciences announced three recipients of the...

Former U.S. Federal Reserve Chair Ben Bernanke, along with Douglas W. Diamond and Philip H. Dybvig, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — popularly known as the Nobel Prize for...

Federal Reserve Chair Jerome Powell was among the most anticipated speakers at the Economic Symposium in Jackson Hole, Wyoming Friday. Here’s a look at what Powell said in the fight against inflation. What Happened: Powell said the Federal Reserve’s goal remains getting...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On March 28, 2007, Federal Reserve Chairman Ben Bernanke assured Congress that the U.S. housing crisis “is likely to be contained.” Where The Market Was: The Dow...

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 31, 2006, the Senate approved the appointment of Ben Bernanke as chairman of the Federal Reserve. Where Was The Market? The S&P 500 was trading at 1,280.08 and the Dow...

Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On this day in 1953, farmer Federal Reserve chair Ben Bernanke was born. Where Was The Market? The Dow Jones Industrial Average traded at 279.91. The S&P 500 did not...