Politics Mar 19 Justice Department probe of Powell could backfire on Trump and keep Fed chair in office By Christopher Rugaber, Associated Press
Economy Mar 18 U.S. stocks sink on worries about inflation as gold falls below $5,000 per ounce U.S. stocks are sinking Wednesday after a report said inflation was primed to worsen even before oil prices began spiking because of the war with Iran. By Stan Choe, Associated Press
Economy Mar 18 WATCH: Fed Chair Powell holds news briefing after interest rate left unchanged Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026. By Christopher Rugaber, Associated Press
Politics Mar 13 WATCH: Pirro blasts judge blocking Justice Department subpoenas to Federal Reserve in Powell probe A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill. By Christopher Rugaber, Associated Press
Politics Feb 05 WATCH: Bessent tells Senate panel it would be president's choice of whether to sue fed chair over interest rates Treasury Secretary Scott Bessent said Thursday it would be “up to the president” to decide whether or not to sue Kevin Warsh, Donald Trump's nominee to lead the Federal Reserve, if he fails to lower interest rates. By Fatima Hussein, Christopher Rugaber, Associated Press
Jan 30 Watch 6:34 What Trump's nomination of inflation hawk Kevin Warsh means for the Federal Reserve By Amna Nawaz, Diane Lincoln Estes President Trump announced Kevin Warsh as his pick to be the next chairman of the Federal Reserve. Warsh was an advisor to George W. Bush and served on the Federal Reserve’s Board of Governors from 2006 to 2011. If confirmed,… Continue watching
Jan 30 What economic experts think about Trump's choice of Kevin Warsh for Fed chair By Hannah Grabenstein Experts appear to view Warsh’s nomination with “cautious relief,” said Mark Gertler, a professor of economics at New York University. Continue reading
Jan 30 Trump names Kevin Warsh, former Federal Reserve official, as next Fed chair to replace Powell By Christopher Rugaber, Associated Press President Donald Trump said Friday that he will nominate former Federal Reserve official Kevin Warsh to be the next chair of the Fed, a decision likely to result in sharp changes to the powerful agency that could bring it closer… Continue reading
Jan 29 Trump says he'll announce Federal Reserve chair pick next week By Associated Press President Donald Trump said his pick will do a "good job" and that he wants the Fed to cut rates when there are signs of economic growth. Continue reading
Jan 27 WATCH: Powell holds news conference after Federal Reserve leaves interest rate unchanged By Christopher Rugaber, Associated Press The central bank said in a statement that there are signs the job market has stabilized while it also said growth was “solid,” an upgrade from last month’s characterization as “modest.”… Continue reading