Jerome Powell

Jerome Powell

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Powell has 'no choice' but to stay at Fed as governor

Federal Reserve Chair Jerome Powell said he has "no choice" but to remain at the Fed as a Governor after his chairmanship ends in May, citing ongoing legal pressure from the Trump administration. Will the three hawkish dissents complicate Kevin Warsh's path to rate cuts? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Powell has 'no choice' but to stay at Fed as governor

Nieuws Analyse

Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve

The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed's own inspector, which could clear a confirmation path for Kevin Warsh.

Kevin Warsh, nominee to be Fed chair (Andrew Harnik/Getty Images)

Markten

Bitcoin's rally faces key hurdle with Wednesday's Fed meeting

Hot PPI inflation data in the morning and hawkish remarks by Powell in the afternoon would be the most damaging combination for risk assets, including crypto, Bitfinex analysts said.

Federal Reserve Chair Jerome Powell

Beleid

Bitcoin is the 'newest, coolest software': Inside Kevin Warsh’s complicated crypto history

The former Federal Reserve governor has invested in crypto firms, criticized bitcoin’s role as money and argued for a U.S. digital dollar.

Kevin Warsh. (Chung Sung-Jun/Getty Images/Modified by CoinDesk)

Beleid

President Donald Trump nominates Kevin Warsh as Fed Chair

The president confirmed his pick on Friday to replace the incumbent Jerome Powell when his term ends in May.

U.S. President Donald Trump (Nikhilesh De/CoinDesk)

Nieuws Analyse

Rick Rieder, a rising favorite for Trump's Fed chair pick, sees bitcoin as new gold

As Trump mulls the next leader of the U.S. Federal Reserve, the BlackRock executive has caught a surge of online wagers, and he'd bring a pro-crypto view.

Rick Rieder of BlackRock (Cindy Ord/Getty Images for Yahoo)

Beleid

Most Influential: Jerome Powell

Powell’s decisions as Fed chair have continued to have a massive impact on bitcoin and the wider cryptocurrency markets.

Jerome Powell Fed Chair

Markten

Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

"Powell is threading the needle between their two mandates," said one analyst.

Bitcoin (BTC) price on Dec. 10 (CoinDesk)

Markten

Federal Reserve Cuts Rates 25 Basis Points, With Two Members Voting for Steady Policy

The anticipated move comes as policymakers are still operating without several key economic data releases that remain delayed or suspended due to the U.S. government shutdown.

Federal Reserve Chair Jerome Powell

Markten

Asia Morning Briefing: Bitcoin Trades at $109K as U.S. ETF Demand Fades and Powell’s Hawkish Tone Hits Risk Assets

CryptoQuant data shows U.S. spot ETF flows turning negative while Glassnode flags heavy long-term holder selling. Solana’s new spot ETFs drew inflows but failed to lift prices as sentiment weakened after large on-chain transfers.

Jerome Powell speaking at podium