News

Dissent rises at the Federal Reserve among Trump appointees, but interest rate cut is unlikely
On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
Federal Reserve likely to stand pat on rates this week, deepening the gulf between Powell and Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged on Wednesday for the fifth straight meeting, ...
The Latest: Trump to visit Federal Reserve as feud with its chair continues
President Donald Trump is visiting the Federal Reserve headquarters in Washington, a week after indicating that Fed chair ...
House Speaker Mike Johnson says he expects "rocky road" for Federal Reserve Chair Jerome Powell
Washington — House Speaker Mike Johnson said he understands President Trump's frustration with Federal Reserve Chair Jerome ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Trump is right to want Powell out at the Federal Reserve — but not just because of interest rates
Yes, Trump wants Powell out mainly because the Fed boss refuses to lower interest rates and juice the economy. But let’s ...
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Two Federal Reserve governors voted against holding interest rates
Federal Reserve Vice Chairman of Supervision Michelle Bowman and Gov. Christopher Waller voted to lower interest rates ...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
Bessent says he expects to announce new Fed chair by end of year
U.S. Treasury Secretary Scott Bessent said Thursday that he is compiling a list of potential candidates to take the helm of the Federal Reserve after Jerome Powell's term ends in May.