News

How Trump is building a case to fire the Fed chair, explained
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
Himes: White House warning of ‘massive market reaction’ if Trump fires Powell
Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what ...
SEE IT: The pricey Federal Reserve renovation project at center of controversy
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters ...
Economist: If the Federal Reserve’s independence is compromised, expect inflation to rise
New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in ...
One of Trump's top picks for Fed chair doubles down on rate cut demands
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have ...
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...