Federal Reserve Chairman Powell: Basel III proposal is expected to have a 60-day public comment period.

Federal Reserve Chairman Powell: The benchmark for the Basel 3 re-proposal may be put up for public comment in the fall.

Ukrainian President Zelensky: Met with German Chancellor Scholz and discussed the front line and air defense system.

Federal Reserve Chairman Powell: We want to be more confident that inflation is on a path that can sustainably reach 2%.

Federal Reserve Chairman Powell: It is inappropriate for the Federal Reserve to consider election factors.

When asked if he saw any cognitive decline in U.S. President Joe Biden, Federal Reserve Chairman Jerome Powell said no.

Federal Reserve Chairman Powell: I have some confidence in inflation and the data is very clear.

Federal Reserve Chairman Powell: The US President Biden’s administration has always been very respectful of the Federal Reserve.

Russian Federal Air Transport Agency: Russian airlines transported 10.7 million passengers in June, a year-on-year increase of 6%.

Federal Reserve Chairman Powell: I have not had a phone call or meeting with US President Biden since 2022.

According to the New York Times: New York Democrat Pat Ryan called on US President Biden to step down.

Federal Reserve Chairman Powell: US President Biden has not yet sought a meeting with the Federal Reserve Chairman.

Japan will also import excess fuel from South Korea and elsewhere to boost domestic supply, according to Nikkei.

According to Nikkei: The Japanese government plans to use excess tanker trucks to transport more aviation fuel from storage facilities to airports.

According to Nikkei: The additional ships will have a modest impact on fuel capacity, but they are part of a multi-pronged response.

Federal Reserve Chairman Powell: (When asked about potential foreign interference in the U.S. banking industry) The Federal Reserve is very concerned about these issues.

Federal Reserve Chairman Powell: We can never take cyber risks lightly.

Federal Reserve Chairman Powell: Requiring banks to use the discount window can help reduce stigma.