Nation Jan 12 Why the Federal Reserve's independence from the White House matters The Justice Department is threatening the Federal Reserve with a criminal indictment over the testimony of Fed Chair Jerome Powell this summer regarding its building renovations.
Politics Jan 12 DOJ investigation of Powell sparks backlash, support for Fed independence The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell, which Powell said was an attempt to exert more control over the Fed.
Economy Nov 12 Atlanta Fed president Bostic to retire, opening seat on interest-rate setting committee It comes as President Trump is seeking to exert more control over the central bank.
Nation Oct 14 IMF upgrades U.S. economic outlook as tariffs cause less disruption, for now The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected.
Nation Sep 15 Fed faces economic uncertainty and political pressure ahead of interest rate decision Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it's not even clear which Fed officials will be making the decision.
Politics Jul 30 WATCH: Powell speaks after Fed keeps interest rates unchanged even as Trump demands cut The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut.
Politics Jun 25 WATCH: Fed Chair Powell returns to Capitol Hill to testify in Senate Banking hearing Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.
Politics Jun 24 WATCH: Fed Chair Powell says interest rate cut can wait in testimony before House committee “For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance,” Jerome Powell said in testimony Tuesday before the House Financial Services Committee.
Politics Nov 23 Trump chooses Scott Turner to lead HUD and Rep. Lori Chavez-DeRemer as labor secretary In less than three weeks since the election, Trump has announced decisions for almost his entire Cabinet.
Politics Nov 22 Trump picks Project 2025 architect Russell Vought to return as top budget official President-elect Donald Trump said Friday he will nominate Russell Vought to lead the Office of Management and Budget, a position Vought held during Trump's first presidency.