Jerome Powell


Videos

Senate Banking Committee to Hold Nomination Hearings for Jerome Powell, Lael Brainard

The Senate Banking Committee will hold a hearing for Jerome Powell Tuesday on his nomination to a second term as Federal Reserve chair. It will hold a separate hearing Thursday to consider the nomination of Fed Governor Lael Brainard to be vice chair. CoinDesk’s Nikhilesh De discusses what we know and what we can expect.

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Videos

What to Expect From Federal Reserve's Confirmation Hearings, Bitcoin's Next Support Levels

After suffering the worst first week of the year since 2017, where will bitcoin go from here? CoinDesk Managing Editor of Markets Brad Keoun discusses bitcoin's next support levels, how far it could fall, and what to expect from Jerome Powell and Lael Brainard's confirmation hearings next week. Will crypto be on the agenda? Plus, Managing Editor of Technology Christie Harkin discusses the future of bitcoin's hashrate after a big disruption this week in Kazakhstan.

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Policy

Financial Stability Group Warns of Stablecoin, DeFi Risks in Annual Report

Top U.S. financial system regulators highlighted crypto’s growing risk in their annual stability annual report.

Treasury Secretary Janet Yellen (right) chairs the FSOC, which also includes Fed Chair Jerome Powell (Alex Wong/Getty Images)

Markets

Fed Speeds Up Stimulus Withdrawal, and Bitcoin Jumps

The Fed will reduce its bond purchases by $30 billion every month to wind them down early next year, doubling from the current pace of withdrawal of $15 billion every month.

Federal Reserve Chair Jerome Powell speaks Wednesday at a press conference. (Federal Reserve, modified by CoinDesk)

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Most Influential 2021: Jerome Powell

The Federal Reserve chairman is likely the most influential man in crypto, as he is in all markets.

(Adam B. Levine/Pixelmind.ai)

Videos

Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

Crypto-friendly U.S. Sen. Cynthia Lummis (R-Wyo.) has expressed significant concerns about the crypto track records of Fed Chair Jerome Powell and Fed Governor Lael Brainard, Biden's nominees to head the Federal Reserve for its next term. Lummis is likely to oppose the nominations unless the Fed responds. "The Hash" squad discusses the potential battle brewing in the realm of the Fed and the possible repercussions for crypto regulation across the nation.

Recent Videos

Policy

Sen. Lummis Likely to Oppose Powell’s Fed Nomination on Crypto Grounds

The Wyoming senator is likely to vote against President Biden’s nominees to head the U.S. Federal Reserve, and will rally other senators against them, said a Lummis aide.

Sen. Cynthia Lummis helped draft an amendment to a controversial tax provision in the infrastructure bill.

Markets

Bitcoin Turns Lower as Fed Chair Suggests Inflation No Longer ‘Transitory’

Federal Reserve Chair Jerome Powell’s turnabout suggests the U.S. central bank might move more quickly to tighten monetary policy – potentially a negative for speculative assets including bitcoin.

Federal Reserve Chair Jerome Powell testifies Tuesday before the U.S. Senate Banking Committee. (C-Span)