Washington

The newly installed Fed vice chair for supervision outlined his vision for his role in his debut policy speech last week. Advocacy groups are happy, but have some unanswered questions.

Removing the passenger facility charge cap of $4.50 would provide airports with more flexible and consistent funding options to help them become more self-reliant, a Reason Foundation study said.

"The Fed is going to need great skill and also some good luck to achieve what we sometimes call a soft landing," Yellen said.

Capital Market Advisors responded to the Securities and Exchange Commission's claims that the charges are inconsistent or in excess of those imposed by the applicable laws.

Federal Reserve Governor Christopher Waller said he favors "another significant" increase in interest rates when the central bank meets later this month, signaling his backing for a 75 basis-point move.

The Inflation Reduction Act gives $30 billion worth of tax credits to existing U.S. nuclear facilities , but it remains to be seen how much the subsidies move the long-term credit needle.

"I think that we've got a good plan in place. We could very well do 75 in September," he said.

A national conference is planned for the spring to bring together states, utilities and the private entities that will own and operate the national EV charging station system.

"We need to act now, forthrightly, strongly as we have been doing," Powell said Thursday in remarks at the Cato Institute's monetary policy conference.

"The outlook for future economic growth remained generally weak, with contacts noting expectations for further softening of demand over the next six to twelve months," the Fed said Wednesday in its Beige Book report.