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The foundation said it was awarding Powell for protecting the independence of the Federal Reserve "despite years of personal attacks and threats from the highest levels of government."
Jerome Powell and the people of the Twin Cities of Minnesota were honored Sunday night in Boston. WBZ-TV's Chris Tanaka reports.
Kevin Warsh said he's "never made any promises to the president" in a hearing before the Senate banking committee.
In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.
Chair of the Federal Reserve Jerome Powell called the subpoenas a threat and a consequence for not listening to the president.
The Trump administration served grand jury subpoenas to the Federal Reserve on Sunday night.
Natalie Brand reports from the White House.
President Trump confirmed CBS News reporting that he discussed firing Federal Reserve Chairman Jerome Powell with Republican lawmakers. CBS's Erica Brown reports.
Stock markets were up early Wednesday as the president said he had no intention of firing Jerome Powell. Natalie Brand of CBS News reports.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The Fed's decision will lower borrowing costs from a 23-year high as the central bank pivots to shoring up economic growth.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and host of "TheStreet" J.D. Durkin joins us with more on the impact and the reaction.
Sen. Elizabeth Warren's St. Patrick's Day breakfast jokes touched on Federal Reserve Chair Jerome Powell and the Silicon Valley Bank collapse.
"Inflation is much too high," Fed Chair Jay Powell said of the U.S. central bank's largest rate hike since 1994.
Warren has previously called Powell a "dangerous man" to lead the Fed.
With so much uncertainty in the world, economic recovery will be a long, slow process.
There's growing backlash after a Medfield, Massachusetts Select Board member's comments about the pride flag at a public meeting.
The Blue Jays beat the Red Sox 3-0 on Wednesday night after placing scheduled starter Max Scherzer on the injured list.
The owner of a luxury clothing brand is accused of running a sweatshop in New York City, the Manhattan DA said Wednesday.
In Lowell, a mammoth building stores data from more than a hundred customers ranging from hospitals to universities to police stations.
Reinforcements for the Tartan Army have officially arrived from Scotland, and they have quickly turned into Boston's favorite house guest.
A man who died in an assisted living home in Boston went unnoticed for nine days and was decomposing when he was found, according to a lawsuit filed by his family.
In Lowell, a mammoth building stores data from more than a hundred customers ranging from hospitals to universities to police stations.
A rare tick-borne virus left a New Hampshire man critically ill and in the hospital for more than a month.
There's growing backlash after a Medfield, Massachusetts Select Board member's comments about the pride flag at a public meeting.
Scotland's soccer fan base, known as the Tartan Army, is rallying behind one of their own ahead of the team's World Cup match against Morocco at Boston Stadium.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia.
There was a possible measles exposure at Logan Airport in Boston last week, Massachusetts health officials say.
A new study finds that a simple blood test could predict Alzheimer's disease long before symptoms appear.
The Lone Star tick, which can cause alpha-gal syndrome, is spreading north throughout Massachusetts.
Boston's cold and snowy winter might have an effect on this year's pollen allergy season.
A Massachusetts family thought their Vrbo stay would be protected after they had to cancel their trip to Hawaii due to severe weather. Now they're out $12,000.
A driver from Southboro, Massachusetts struggled for months to unravel a frustrating mix up with his E-ZPass account.
The gunman who allegedly opened fire on passing cars on Memorial Drive in Cambridge, Massachusetts is 46-year-old Tyler Brown from Boston.
There have been four violent attacks in three weeks at Tewksbury Hospital and a state representative is taking the fight to Beacon Hill to give security the non-lethal equipment back.
A family is demanding answers from the Gloucester, Massachusetts school district, after learning their five-year-old son was left alone in a quiet room for nearly half an hour.
Barney Frank, a Democrat who represented Massachusetts in Congress for 32 years, has died. He was 86 years old.
Both the Trump and Healey administrations are using government websites to blame each other for the shutdown.
Which party stands to take more of the blame from voters for the government shutdown? Here's what a new poll says.
A UNH Survey Center/Granite State poll shows John Sununu crushing Scott Brown by 23 points among likely primary voters in New Hampshire.
Seth Moulton said he's running against Sen. Ed Markey because "our party leaders are clinging to that old playbook."
Dozens of Boston bars and restaurants are taking advantage of a new Massachusetts law allowing for a later last call.
We now know when the sales tax holiday is coming to Massachusetts in August.
Gov. Maura Healey said Tuesday that she personally supports bringing back happy hour in Massachusetts.
An Amazon employee is accused of stealing hundreds of items from a warehouse in Bridgewater, Massachusetts.
Clover Food Lab, which has about a dozen vegetarian fast-food restaurants in the Boston area, is closing.
James Beard Award-winning chef and restaurateur Karen Akunowicz has become known for her bold, Italian-inspired cooking and unmistakable culinary voice.
Just a short drive from Newport, the Norman Bird Sanctuary spans 300 acres of fields, forests, and coastal trails with sweeping views and more than six miles of hiking paths.
With a focus on precision craftsmanship and world-class brass instruments, S.E. Shires has become a benchmark for professional musicians seeking exceptional sound and performance.
Complete with vineyard views and seasonally inspired dining, the award-winning LaBelle Winery offers one of New England's most distinctive winery experiences.
With a carefully curated collection of artisan cheeses and specialty foods sourced from around the world, Formaggio Kitchen has been a beloved destination for food lovers for over four decades.
The Blue Jays beat the Red Sox 3-0 on Wednesday night after placing scheduled starter Max Scherzer on the injured list.
The Toronto Blue Jays beat the Boston Red Sox 6-1 at Fenway Park on Tuesday night.
Erling Haaland scored his first two World Cup goals and added an assist in his tournament debut to propel Norway to a 4-1 victory over Iraq in Group I.
John McGinn deflected a shot off an opposing defender and past goalkeeper Johny Placide in the 28th minute, and Scotland defeated Haiti 1-0 at Boston Stadium.
The 2026 World Cup has started and Boston is one of 11 cities in the U.S. hosting matches. Here's the schedule.
There have been multiple sightings of a black bear in some unusual locations on the seacoast of New Hampshire and in southern Maine.
There's a smelly situation on the beach in Provincetown, Massachusetts after thousands of squid washed up on shore
Have you ever wondered where all the fish in the New England Aquarium come from? The answer is just down the road in Quincy.
Hopkinton, Massachusetts police are investigating video of a "suspicious" person walking into the middle of a road at night in front of a car.
A Boston man says he's lucky to be alive after jumping into the Charles River to save his dog.