Former Fed Chair Jerome Powell, accepting the JFK Award: "As John Adams said, 'Ours is a government of law, and not of men.'"
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Fed Chair Powell Vows to Stay Amid Probe
Fed Chair Powell: "I've said that I will not leave the board until this investigation is well and truly over with transparency and finality and I stand by that. I'm encouraged by recent developments."
Powell's Final FOMC Press Conference
Today, marks Jerome Powell's final FOMC press conference as Federal Reserve Chair before his term expires on May 15.
DOJ Drops Criminal Probe Into Powell
The DOJ has dropped its criminal probe into Fed Chair Jerome Powell.
US Officials Brief Banks on AI Cyber Risk
Bloomberg: U.S. officials, including Scott Bessent and Jerome Powell, quietly briefed top Wall Street CEOs over concerns an Anthropic AI model (“Mythos”) could heighten cyberattack risks by identifying system vulnerabilities.
Regulators are pushing banks to strengthen defenses, while access to the model remains restricted to a small group as safeguards are developed.