Fed, Trump and Jerome Powell
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President Trump is struggling to escape the controversy around Jeffrey Epstein and convicted Epstein associate Ghislaine Maxwell, even when he’s abroad in the United Kingdom this weekend. WIRED Senior Writer Jake Lahut,
Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.
Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.
Fox News breaks down exactly what happened with Trump stripping NPR of federal funding from attention to NPR’s perceived liberal bias through Trump's rescissions package and what happens next.
Trump will visit the headquarters of the Federal Reserve today, the White House said. The unusual visit comes as the president has tried to pressure Chair Jerome Powell to lower interest rates and amid criticism by him and top administration officials over the cost of renovations to the building.
The far-right conspiracy theorist who President Donald Trump chose as his government watchdog is no fan of bureaucrats. Paul Ingrassia, Trump’s pick to lead the Office of the Special Counsel (OSC), which investigates and prosecutes wrongdoing within the executive branch,
A federal appeals court judge blocked the Trump administration's plan to end birthright citizenship for children of immigrants in the U.S. illegally.