Fed Chair Jerome Powell delivers semiannual testimony to Congress

Federal Reserve Chair Jerome Powell returns to Capitol Hill to testify before the House Financial Services Committee on the Fed’s semiannual Monetary Policy Report, which details the state of the US economy.

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[Stevierockie]

Fed Chair Powell just testified before the House, and the stock prices plummeted. It's incredible how much influence one person can have over the entire economy. As the head of the Federal Reserve, Powell's words can send shockwaves through the market.

[thomasonbuckley]

What is Maxine Waters even doing on this panel ... SUCCESS will organically lead to diversity Ma'am.

[internetpointsbank]

Let's print more money so slum lords can buy more homes.

[Tokyotim]

You have no clue what you’re talking about. Semiconductor industry is international not one country. Qualcomm sales are up, NVIDIA sales are up. Both companies still do business in China. Only certain companies have export bans. Other thing to remember is that international companies in China such as Apple, Samsung and others use international chips with no restrictions.

TSMC in independent country of Taiwan makes more high end chips than SMIC and Huawei combines. 😂

Fab growth in USA is amazing with TSMC, Samsung and others investing in new fabs in USA.

China is in garbage time of history. The war posture of Dictator Xi is hurting all Chinese people. Time for Xi to go and a west friendly leader to emerge.

[LamarPassmore]

Thou shalt not lend upon usury to thy brother; usury of money, usury of victuals, usury of any thing that is lent upon usury:

[Lizabeth-gd]

This strategy is so simple yet so effective. It's amazing how well it works.