Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
When a Pro-Trump Crypto King Came Knocking, San Francisco Elites Locked the Door
A Bitcoin pioneer’s apartment purchase was rejected by the building’s residents after he was in escrow. The sellers — ...
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
‘STOP ELON Act’ introduced by Tennessee lawmakers
If passed, SB 1128 would create a new offense of interfering with a person’s receipt of a loan, grant, or financial ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
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Kraken Co-Founder Jesse Powell Sues Luxury Co-Op for Blocking Home Purchase Over Crypto Ties
Jesse Powell has filed a lawsuit against a San Francisco luxury co-op, alleging that it unlawfully blocked his attempt to ...
Fed officials are raising concerns about the impact Trump's tariffs could have on inflation
Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing ...
Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...