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Barr: Booms and Busts and the Regulatory Cycle
Thank you for the opportunity to speak to you today. I am here to discuss one of the most important resources that policymakers have: the lessons of history. In discharging my responsibilities at the Federal Reserve, I have been thinking a lot about history. Its study provides the opportunity to step out of the particular circumstances of today to inform our understanding of the core issues at the heart of financial regulation. While we must be attentive to new and even unprecedented challenges, experience shows that understanding the lessons of history gives policymakers a great advantage. Many of the decisions we ... (full story)
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Fed's Barr warns that relaxing rules can create vulnerabilities.
— FinancialJuice (@financialjuice) July 16, 2025
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— RedboxGlobal (@RedboxWire) July 16, 2025
Fed’s Barr: Regulation Must Evolve in Step with Changes in the Financial System
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From youtube.com/forexcom|Jul 16, 2025|8 commentsToday's US PPI came in cool (though with positive revisions to last month), setting up more tension between Fed Chairman Powell and President Trump over interest rates. ...
From breakingthenews.net|Jul 16, 2025Industrial production in the United States increased by 0.3% in June compared to the previous month, rising more than analysts expected, the Federal Reserve's Board of Governors ...
From clevelandfed.org|Jul 16, 2025|1 commentGood morning and thank you for the invitation to join you here at the 20th anniversary celebration for Cuyahoga Community College’s Corporate College. I’m happy to recognize the impact of community colleges like Tri-C. These most outstanding institutions offer opportunity and a chance for businesses to collaborate with educators to deliver customized training for evolving needs. They give students of all ages and socioeconomic backgrounds a chance to earn a degree, get certified for a current career, get back on track toward a goal, or start a new track altogether. They offer possibility, especially for nontraditional students. Tri-C’s student body exemplifies this, with nearly 80 percent of students enrolled part time while working and an average student age of around 26 years old. And I know personally that they offer support and encouragement. My oldest child recently wanted to get back on track toward his goal of getting a four-year degree. A community college offered the right bridge at the right time to help him do that. But a four-year degree isn’t everyone’s goal. Corporate College’s enduring success shows that. Its focus on ongoing professional training and entrepreneurship also aligns with two of the Cleveland Fed’s community development priorities: workforce development and small businesses, both of which I’ll discuss in more depth shortly. As we know, challenges in the community space abound. If only it was as simple as climbing into an old-fashioned telephone booth, dialing the right number…and being transported through space and time to the people who have all the right answers, just like Bill and Ted did on their most unprecedented journey. While it may not be quite that simple for us, I’d like to invite you all to join me on our own excellent community development adventure. Before I continue, I note that the views I present a Fed’s Hammack Makes No Comments on Monetary Policy or Economic Outlook in Prepared Remarks.
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From msn.com|Jul 16, 2025India's markets regulator on Wednesday proposed to mandate that asset management companies use spot prices published by domestic commodity exchanges to value gold and silver. To ...
From @DBNewswire|Jul 16, 2025|360 comments*LAWMAKERS SAY TRUMP INDICATED HE WILL FIRE FED CHAIR POWELL: CBS *TRUMP ASKED GOP LAWMAKERS ABOUT FIRING FED CHAIR POWELL: CBS
Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell, sources say President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval, according to multiple sources with direct knowledge. Several said Mr. Trump indicated he will do it. Mr. Trump made the comments to the Republican House members in the Oval Office on Tuesday night, after they blocked a procedural vote that would have advanced cryptocurrency legislation in the House favored by Mr. Trump. The idea of a president removing a Fed chair is legally untested – federal law says the chair can only be fired "for cause." The action could have serious negative effects on financial markets. Sources inside the administration told CBS News the president has been socializing the possibility of a for-cause firing in public and private remarks, but the White House has not yet formally built a legal predicate. The Trump administration has tried to increase the pressure on Powell, with some administration officials publicly accusing the Fed of mismanaging a multibillion-dollar project to renovate its Washington headquarters — an allegation Powell has pushed back on.
From @LiveSquawk|Jul 16, 2025|154 commentsWH Official: Trump Likely To Fire Fed Chair Powell Soon, No Exact Timeline For Decision - Trump Spoke To Lawmakers On Tuesday About Decision
Trump Likely to Fire Powell Soon, White House Official Says President Donald Trump is likely to fire Federal Reserve Chair Jerome Powell soon, a White House official said, and discussed the possible move in a meeting with congressional Republicans on Tuesday night. While the lawmakers voiced support for the move, which would likely roil financial markets and lead to a consequential legal showdown, Trump has not made a final decision and could change his mind, according to the official who requested anonymity to discuss a private conversation. The president has repeatedly expressed frustration over the central bank’s decision to hold interest rates steady, and administration officials have confirmed in recent days that the process to select a successor to Powell — whose term as chair isn’t set to expire until May 2026 — is underway.
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