Donald Trump has now claimed that he will be demanding lower interest rates, and has brought in a challenging situation for US Federal Reserve Chair Jerome Powell. What is Trump planning next?
President Donald Trump fired the inspectors general from more than a dozen federal agencies in a Friday night purge, according to a Trump administration official, paving the way for him to install his own picks for the independent watchdog roles.
Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.
Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
That changed during President Donald Trump's first administration, when he led a campaign to denaturalize thousands of immigrant U.S. citizens – though it never met its goals. Last week, Trump rebooted the effort, ordering "adequate resources" be spent to denaturalize some U.S. citizens as part of his broader plan to restrict immigration.
Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.
Since U.S. President Donald Trump took office, several major government websites have been overhauled, reflecting his administration's push for swift and significant changes to the bureaucracy.
Donald Trump’s return to the White House is overshadowing the Fed’s meeting this week, with policymakers expected to pause changes to interest rates for now.
President Donald Trump wants rate cuts, and he wants them now. The Federal Reserve, however, seems unlikely to budge. Investors are betting the Fed will hold interest rates steady at 4.25-4.5% during this Wednesday’s policy announcement,
Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly restrained start from Donald Trump, who remains big on rhetoric but more cautious on action - for now.