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Jerome Powell, nominated to be the next chairman of the Federal Reserve Board, testifies Tuesday during his confirmation hearing before the Senate Banking Committee. Alex Wong/Getty Images hide caption

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Alex Wong/Getty Images

Trump's Pick For Fed Signals Interest Rate Hike Likely Next Month

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Fed Chair Janet Yellen on Monday submitted her resignation from the Federal Reserve Board. Earlier this month, President Trump named Jerome Powell to be the next Fed chair. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

Jerome Powell was nominated to the Federal Reserve Board by former President Barack Obama in 2012. Bloomberg/Bloomberg via Getty Images hide caption

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Bloomberg/Bloomberg via Getty Images

Trump Picks Federal Reserve Insider Jerome Powell To Be Its Chairman

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President Trump hasn't said whether he will reappoint Federal Reserve Chair Janet Yellen to a second term. He is expected to announce his decision Thursday. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

President Trump could ask Janet Yellen to stay on as the Federal Reserve chair, but other names are also circulating. Pablo Martinez Monsivais/AP hide caption

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Pablo Martinez Monsivais/AP

Next Fed Chair Will Help Determine Pace Of Interest Rate Hikes

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Stanley Fischer, who is resigning as Federal Reserve vice chair, says releasing transcripts of Fed meetings immediately could inhibit frank discussions among policymakers. Jennifer Kerrigan/NPR hide caption

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Jennifer Kerrigan/NPR

Fed's Departing Vice Chair On Stocks, The Federal Debt And Transparency

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Federal Reserve Board Chair Janet Yellen says the process of unwinding the central bank's massive bond holdings will be gradual. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

Fed's Unwinding Of Crisis Programs Expected To Push Up Interest Rates Very Gradually

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Former Fed Chairman Ben Bernanke says the tax cuts proposed by President Trump could boost the budget deficit. Manuel Balce Ceneta/AP hide caption

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Manuel Balce Ceneta/AP

In His Post-Fed Life, Bernanke Talks Taxes, Trump And Partisan Perceptions

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Trump's economic adviser Gary Cohn (left) and adviser Jared Kushner listen to President Trump at a meeting with business leaders Jan. 23. Chip Somodevilla/Getty Images hide caption

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Chip Somodevilla/Getty Images

Trump's Flip-Flops On Economics Move Policies Toward The Status Quo

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