Senate Democrats and Warren criticize Fed Chair Powell and big banks' regulations.

TL;DR Summary
Senator Elizabeth Warren has intensified her criticism of Federal Reserve Chairman Jerome Powell, calling him a "dangerous man" to serve in his role following the Fed's ninth consecutive interest rate hike. Warren argues that Powell is risking sending the economy into a recession with the Fed's continuous interest rate increases and weakening regulations for large banks. She also claims that Powell is trying to drive the economy into a recession with the interest rate hikes and raise unemployment by more than 1 percentage point in a 12-month period.
- Warren steps up criticism of Powell following rate hike, says he is ‘dangerous’ to serve as Fed chair The Hill
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- Senate Democrats call on top banks to waive overdraft fees in wake of failures AOL
- Sen. Warren: Fed Chair Powell could push U.S. into recession Boston.com
- Warren, Dem senators urge Fed to tighten regulations for some big banks The Hill
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