House Committee Seeks Fed Testimony From Jerome Powell

The House Financial Services Committee chair expects outgoing Fed Chair Jerome Powell to testify soon. A DOJ probe into past remarks delayed the schedule.

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The head of the House Financial Services Committee in the United States has expressed hope that the first of the Federal Reserve's twice-yearly updates to Congress will take place soon. Speaking with Bloomberg TV on Friday, the committee chair addressed the current lack of a schedule for the testimony, which is to be delivered by outgoing Fed Chair Jerome Powell.

U.S. Federal Reserve Chair Jerome Powell addresses reporters at a press conference in Washington, D.C. following an FOMC meeting on interest rate policy in early 2026. REUTERS/Jonathan Ernst
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