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rent circumstances the responsible course is to allow the appointment of a new ambassador." Page 12523 EFTA00043034 Federal Reserve Board Chair Jerome Powell speaks at a news conference in May. (Patrick Semansky/AP) -- Federal Reserve Chair Jerome Powell has two messages for Congress this morning: Centr
e Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trad
year, I believe in the current circumstances the responsible course is to allow the appointment of a new ambassador." Federal Reserve Board Chair Jerome Powell speaks at a news conference in May. (Patrick Semansky/AP) -- Federal Reserve Chair Jerome Powell has two messages for Congress this morning: Centra
me Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trade
attempting to play down the risk of a recession. He also pinned the blame for a potential economic downturn on the central bank and its chairman, Jerome Powell. Felicia Sonmez and Damian Palette report: "The Fed funds rate, which Trump is trying to tell central bankers to cut, is currently set at 2.25 perc
ted a similarly sized reduction, the tax cut could equate to a bigger tax break for many families than the 2017 tax law." (Economics correspondent Heather Long prepared 15 charts to compare the Trump economy to the Obama economy.) -- Nearly 3 out of 4 economists surveyed by the National Association for Bu
Entities connected to both Jerome Powell and Heather Long

Donald Trump
PERSON
Jeffrey Epstein
PERSON
Joe Biden
PERSON
George Mitchell
PERSON
Mitch McConnell
PERSON
Nancy Pelosi
PERSON
Department of Justice
ORGANIZATION
Virginia Giuffre
PERSON
Prince Andrew
PERSON
Bloomberg L.P.
ORGANIZATIONLeon Black
PERSON
William Barr
PERSON
Julie K. Brown
PERSON
Mike Pence
PERSON
Barack Obama
PERSON
Stephen Hawking
PERSON
Bill Clinton
PERSON
Capitol Hill
ORGANIZATION
United States
LOCATIONJosh Dawsey
PERSON