Fed's Powell faces political storm, policy minefield over SVB oversight
The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, a decision that will land amid a brewing political storm over the U.S. central bank's oversight of collapsed Silicon Valley Bank and with the financial world hanging on the words of one man:…
#federalreserve #siliconvalleybank #jeromepowell #svb #sivbo #mainstreet #rickscott #signaturebank #elizabethwarren #marydaly