News

Trump wants to replace Jerome Powell with a Fed chair who will do what he wants. But that still may not produce the steep ...
Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on ...
All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.
Meanwhile, the odds of a cut coming at the next Fed meeting stand at less than 3%. Put another way, the market gives a 97% ...
Ben S. Bernanke was chair of the Federal Reserve from 2006 to 2014, appointed by President George W. Bush. Janet L. Yellen ...
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal ...
The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, ...
Until our central bank changes the way it operates, fights between the Fed and the White House will ever be with us.