"No one should assume that that the Fed or anyone else can protect the markets or the economy in the event of a failure," Powell said.
He declined to say whether he has been liaising with the Treasury Department or lawmakers over the matter.
Damien Guerot engaged Cauchi on escalator, forcing him to flee
Yixuan Chen, 27, was one of six people killed in the attack by Joel Cauchi, who police believe targeted women while largely avoiding men
Beijing half marathon organisers said Monday they were investigating after footage shared widely online appeared to show three African runners deliberately allowing China's He Jie to win.Track and field's international body said it was "aware" of the footage online and the investigation into it.
Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition
Stephanie Grisham also recalled a telling telephone call the former president made about his wife.
The actress admits that she used to have poor communication skills when it comes to relationships
Woman tourist, 38, arrested for allegedly shoplifting over $1,400 worth of goods on two occasions from Changi Airport. Read more.
Those on board who choose not to switch are left with an inconvinient responsibility
In the 10 months since David de Gea left Manchester United, the most high-profile free agent on the market has actually worn kit for a different club. The red shirt, however, was that of his esports team Rebels, rather than pulling on a No 1 jersey in the Premier League.
The former president's disingenuous spin on his hush money trial whipped up anger on the right, including from his other sons Don Jr. and Eric.
Erin Ward, 45, was allegedly found inside a car with a 17-year-old student, according to the Douglas County Sheriff’s Office
There were boos around Stamford Bridge as the Chelsea players fought to take a second-half spot-kick
Screaming Into the Void Despite an astronomical number of red flags, investors who poured their hard-earned cash into former president Donald Trump's Truth Social meme stock are experiencing a rude awakening. As the Washington Post reports, Trump supporters are seething as the value of the social media platform's parent company Trump Media & Technology Group (TMTG) […]
Singapore Prime Minister Lee Hsien Loong, who’s set a May 15 date for passing the baton to his deputy Lawrence Wong, is leaving behind an economy that’s in a better position than he inherited it.
Singapore actress Julie Tan shared how the movie Good Goodbye inspired her after the breakup. Read more.
Joel Cauchi, 40, fatally stabbed six people in a crowded Sydney shopping centre on Saturday.
Three people have died and two more are in hospital after a late-night car crash at a retail park. All five were travelling in the same car and are believed to be men in their early 20s, police say. Emergency services were called to Staples Corner retail park in north London at just before 11:30pm last night (Sunday). Three people were pronounced dead at the scene while two others were taken to hospital. One is in a critical condition while the other person’s condition has been assessed as not life-threatening, the Metropolitan Police said.
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Dawn Yeoh shared how celebrity couple Fann Wong and Christopher Lee helped her in her career.
Liverpool and Bayern both lined up the Bayer boss as their preferred manager target
