Powell testifies in Congress as inflation remains high
Federal Reserve Chair Jerome Powell refused to testify in Congress on President Trump's remarks about the Fed's ability to lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady reports. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://ift.tt/s9DV1hK Download the CBS News app: https://ift.tt/dLsMetS Follow CBS News on Instagram: https://ift.tt/sPgdbMT Like CBS News on Facebook: https://ift.tt/Sztfu6I Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://ift.tt/CYjK2pS Try Paramount+ free: https://ift.tt/3dLRqPM For video licensing inquiries, contact: licensing@veritone.com
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