Fed holds interest rates steady for third straight meeting, as Powell vows to remain as governor [CBS News]
Ameriprise Financial, Inc. (AMP)
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Source: CBS News
after the central bank again left its benchmark interest rate unchanged amid rising inflation due to the Iran war Powell had previously said he would stay on as Fed chair until the Department of Justice ended an investigation into his oversight of renovations of the Fed's Washington, D.C., headquarters, calling the inquiry politically motivated. Jeanine Pirro, U.S. Attorney for the District of Columbia, said on April 24 that her office would end the probe into Powell. "I'm waiting for the investigation to be well and truly over with transparency and finality," Powell said on Wednesday when asked in a press conference when he would leave his post as a Fed governor. It is the first time since 1948 that a Fed chief has opted to carry on as a board governor after his term has ended, according to Capital Economics. "The institution is battered" Powell added that he is concerned about the Fed's ability to maintain its independence amid political challenges, such as President Trump
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News
- Ameriprise Financial (NYSE:AMP) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Federal Reserve holds interest rates steady for third straight meeting [CBS News]CBS News
- Barron's Names 84 Ameriprise Financial Advisors to Its "Top 1,500 Financial Advisors" Ranking [Yahoo! Finance]Yahoo! Finance
- Barron’s Names 84 Ameriprise Financial Advisors to Its “Top 1,500 Financial Advisors” RankingBusiness Wire
- Ameriprise Financial Named a Top Performer™ in Hearts & Wallets Customer Satisfaction Survey for the Eighth Time [Yahoo! Finance]Yahoo! Finance
AMP
Earnings
- 4/23/26 - Beat
AMP
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/28/26 - Form SCHEDULE
- 4/23/26 - Form 8-K
- AMP's page on the SEC website