Rise to the Moment of Truth Tuesday, June 23, 2026

Tag: Jerome Powell

Federal Reserve Board Chairman Jerome Powell arrives for a hearing of the House Committee on Financial Services on Capitol Hill, Tuesday, June 24, 2025, in Washington. (AP Photo/Mark Schiefelbein) Alabama News
Gerrick Wilkins: It’s time to end the Federal Reserve’s reign of political manipulation

We’ve seen this playbook before: Cut rates when it benefits Democrats before an election. Stall when a Republican candidate surges in the polls. That’s not monetary policy; it’s political manipulation.

Federal Reserve Board Chairman Jerome Powell arrives for a hearing of the House Committee on Financial Services on Capitol Hill, Tuesday, June 24, 2025, in Washington. (AP Photo/Mark Schiefelbein) Alabama News
Britt questions Fed chair Powell as Tuberville calls for his firing

Amid mounting pressure on Federal Reserve chair Jerome Powell to lower interest rates, Alabama's U.S. Senators are adding some pressure of their own.

Alabama political news tuberville powell Alabama News
Tuberville calls out Fed chair for refusing to lower interest rates — 'Today’s a great day to fire Jerome Powell'

The Federal Reserve is holding interest rates steady despite President Donald Trump’s repeated calls for a 2.5-point reduction.