The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The Fed guards its monetary policy independence carefully, arguing that political influence over central bank interest-rate ...
The Laken Riley Act, also known as H.R. 29, was introduced to the House on January 6, 2025, the first day of the new Congress ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
His unlawful purge of the National Labor Relations Board on Monday serves all three goals at once. With these firings, Trump ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...
The late Monday memo set off a scramble as state agencies in Connecticut start to assess the effects it could have on ...
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, ...
U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new ...