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Jerome Powell

Fed Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on June 25, 2025 in Washington, D.C. (Photo by Kent Nishimura/Getty Images)

Fed chair sees AI creating ‘significant changes’ to US workforce

Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the “potential to make really dramatic changes.”
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