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CHAIRMAN OF THE BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM, JEROME POWELL

NEW YORK TIMES: Fed Chair Urges Investments in the Work Force

Jerome H. Powell, chair of the Federal Reserve, said reaching maximum employment after the pandemic would require “a societywide commitment” in a speech to the Economic Club of New York on Wednesday.


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Fiscal Resiliency in a Deeply Uncertain World - Peter Orszag, Robert Rubin, Joseph Stiglitz

ECNY: Hosting Video Webinar

The Economic Club of New York is honored to welcome Peter Orszag, Robert Rubin and Joseph Stiglitz to discuss their Peterson Institute for International Economics Policy Brief, "Fiscal Resiliency in a Deeply Uncertain World."

CHAIRMAN OF THE BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM, JEROME POWELL

US NEWS & WORLD REPORT:  Powell's Valentine to the Fed: 'I Love My Job'

With Valentine's Day just around the corner, and less than a year to go in his four-year term, Federal Reserve Chair Jerome Powell on Wednesday declared his love for the job - just as President Joe Biden may be weighing whether to let him keep it.

"Is your job fun?" Harvard professor Greg Mankiw asked Powell at the end of an hour-long virtual appearance at the Economic Club of New York.

"Yes, it is. I love my job," Powell said. "It’s a chance to do work that I think helps people."


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CHAIRMAN OF THE BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM, JEROME POWELL

CNBC  Treasury yields fall slightly following Fed Chair Powell’s comments on employment

Fed Chair Jerome Powell told the Economic Club of New York on Wednesday that the U.S. is “a long way” from where it needs to be in terms of employment.

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CHAIRMAN OF THE BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM, JEROME POWELL

MARKET WATCH:  The Nasdaq Composite COMP, -0.05% fell 0.3% to 13,973. Powell said he was committed getting Americans back to work, in remarks made to the Economic Club of New York. Shares of Coca-Cola Co. KO, 1.72% fell slightly after delivering earnings and revenue Wednesday morning that topped Wall Street expectations.

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CHAIRMAN OF THE BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM, JEROME POWELL

WALL STREET JOURNAL: Fed’s Powell Signals Easy Money Policies to Remain in Place for a While

The Federal Reserve will continue bolstering the U.S. economy through low interest rates and hefty asset purchases, Chairman Jerome Powell said Wednesday, stressing that the labor market remains stunted by the pandemic.

The Fed is unlikely to “even think about withdrawing policy support” by raising rates or reducing its bond purchases for the foreseeable future, Mr. Powell said at a virtual appearance before the Economic Club of New York



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Chairman of the Board of Governors, Federal Reserve System, Jerome Powell

ECNY: Hosting Video Webinar

Chairman Powell is back to shares his outlook on the economy.

PRESIDENT AND CEO OF NASDAQ, ADENA FRIEDMAN

PRESIDENT AND CEO OF NASDAQ, ADENA FRIEDMAN

InvestableUniverse.com
Nasdaq CEO Sees No Signs Of SPAC Slowdown in 2021 as Market Keeps Democratizing 

Speaking before a (remote) assembly of the Economic Club of New York on Tuesday, the CEO of the second-largest stock exchange in the U.S., Nasdaq's  Adena Friedman said that an upswell of companies coming to market through special purpose acquistion companies (SPACs) rather than through traditional public offerings (IPOs) shows no sign of slowing in 2021.


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President and CEO of Nasdaq, Adena Friedman

ECNY: Hosting Video Webinar

Adena Friedman will address our Members and their guests in a conversation with ECNY Chair, John Williams. Adena is the President and CEO and will share how Nasdaq has navigated the pandemic, the future of SPACs, cybersecurity and more.

Founder of the Kasparov Chess Foundation, Garry Kasparov

ECNY: Hosting Video Webinar

As a world chess champion, Garry Kasparov applies his analytical vision to the big picture of politics, technology, justice, media, the economy, and how it all comes together in a radically changed world.

HARVARD PROFESSORS, LAWRENCE SUMMERS AND JASON FURMAN

FORTUNE: Do government deficits matter?

Does it matter? Old-time Cassandras, myself included, used to argue that big deficits would “crowd out” private investment, soak up savings, and push up interest rates. But today, interest rates are effectively zero—and financial markets seem to believe they will stay that way for decades. Government debt has passed the pull-your-hair-out benchmark of 100% of GDP, but low rates have kept debt service comfortably below 2% of GDP. As former Treasury Secretary Lawrence Summers told the Economic Club of New York yesterday, the government, if it wanted to, could lock in low interest rates for the foreseeable future with 30-year debt.

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Harvard Professors, Lawrence Summers and Jason Furman

ECNY: Hosting Video Webinar

Larry Summers and Jason Furman discuss insights from their recent paper titled: A Reconsideration of Fiscal Policy in the Era of Low Interest Rates.

Executive Chairman of IBM, Ginni Rometty

ECNY: Hosting Video Webinar

Ginni Rometty and Charles Phillips discuss their work with OneTen. OneTen is a coalition of leading executives who are coming together to upskill, hire and advance one million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement.

Editor and Publisher, Charlie Cook

ECNY: Hosting Video Webinar

In-depth conversation with Founder of The Cook Political Report and NBC News Political Analyst Charlie Cook about the implications of the outcome of the Senate election in Georgia.

Former Governor of the Bank of England, Mark Carney

ECNY: Hosting Video Webinar

Mark will discuss the important topic of climate change and focus on the G30 Report on "Mainstreaming the Transition to a Net-Zero Economy," which he worked on with Janet Yellen and other financial leaders.

CO-CEO & PRESIDENT OF ARIEL INVESTMENTS, LLC, MELLODY HOBSON

CNBC: Starbucks taps Mellody Hobson as board chair amid broader push for more diverse boards

At a recent appearance at The Economic Club of New York, Hobson talked about recent developments from Corporate America to address racism and racial inequality . “I’ve been saying we need less lip service, and we need more elbow grease, and so I think this time will be different because we live in a society that is holding us accountable ... I think there is no way to escape actually having real results now: people are watching,” she said.


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CHAIRMAN AND MANAGING DIRECTOR OF THE GENERAL CATALYST; FORMER CHAIRMAN AND CEO OF AMERICAN EXPRESS, KENNETH I. CHENAULT

BLOOMBERG: CEOs Lamenting Diversity Pipeline Is a ‘Cop-Out,’ Chenault Says
“Well, how long have you been in charge?” Chenault said at an Economic Club of New York event, without identifying any specific company or executive. “Because you’re the one who controls what’s put into the pipeline. The reality is that, again, if you simply take the position that the status quo approach and processes are the ones that you’re going to follow, then you’re not going to make progress.”

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Founder & Chairman of the World Wide Technology, David L. Steward

ECNY: Hosting Video Webinar

David will discuss his journey from top salesman at Federal Express to Chairman and Founder of the largest African-American-owned business in America and provide insights on how to develop a successful supplier and vendor matching program.

Chairman and Managing Director of the General Catalyst; Former Chairman and CEO of American Express, Kenneth I. Chenault

ECNY: Hosting Video Webinar

As Chairman and Managing Director of General Catalyst and former Chairman and CEO of American Express, Ken will discuss topics related to business, technology, entrepreneurship, leadership, and racial justice.