March 25, 2025 (NO COMMENTS)

Recent comments by US Federal Reserve chair Jerome Powell have hinted at the possibility of internal friction within the nation’s central bank over regulatory policy.

At a hearing before the House Financial Services Committee on February 12, Powell was asked whether the Fed needed a vice-chair for supervision – a role created by the Dodd-Frank Act.

Powell responded that having a single person in charge of regulation had resulted in greater volatility in rulemaking than when all policymaking went