Politics Apr 15 Trump's DOJ targets Jan. 6 convictions, broadens Fed construction site probe By Ali Rogin, Kyle Midura
Politics Apr 15 As Trump threatened to fire Powell, federal prosecutors showed up unannounced at the Federal Reserve building Two prosecutors and an investigator from U.S. Attorney Jeanine Pirro’s office were turned away on Tuesday by a building contractor and referred to Fed attorneys, according to someone familiar with the visit. By Paul Wiseman, Michael Kunzelman, Associated Press
Economy Mar 30 WATCH: Fed Chair Powell addresses energy price spikes, challenging job market in Harvard conversation Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. By Michael Casey, Associated Press
Politics Mar 19 Justice Department probe of Powell could backfire on Trump and keep Fed chair in office President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell's time at the top of the central bank even after his term… 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
Mar 18 WATCH: Fed Chair Powell holds news briefing after interest rate left unchanged By Christopher Rugaber, Associated Press 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. Continue reading
Mar 13 WATCH: Pirro blasts judge blocking Justice Department subpoenas to Federal Reserve in Powell probe By Christopher Rugaber, Associated Press 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. Continue reading
Feb 05 WATCH: Bessent tells Senate panel it would be president's choice of whether to sue fed chair over interest rates By Fatima Hussein, Christopher Rugaber, Associated Press 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. Continue reading
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