News

Trump is ‘extremely troubled’ by Fed’s approach according to new letter, but bank official stands firm on independence
The White House’s latest criticism of Fed Chair Jerome Powell, over building renovations, marks a broader push by President Trump to exert pressure on the independent central bank. In a response ...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing ...
Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
President Donald Trump says “anybody” but Federal Reserve Chair Jerome Powell should head the central bank. Could that even ...