Fed Chair Jerome Powell Faces Bipartisan Scrutiny in Congressional Hearings on Fed Policies

Federal Reserve Chair Jerome Powell is set to face bipartisan scrutiny in congressional hearings this week over banking regulations, inflation, and President Donald Trump’s policy shifts. Lawmakers are expected to challenge Powell on Trump’s deregulation, the Fed’s compliance with the administration’s rollback of DEI policies, and its approach to inflation. Republicans may press Powell on regulatory overhauls and the Fed’s delayed response to inflation, while Democrats could focus on Trump’s tariff threats and their economic impact. Powell will also likely address the Fed’s monetary policy review and efforts to sustain economic stability.