News

Trump is ‘extremely troubled’ by Fed’s approach, according to new letter, but bank official stands firm on independence
In a response to Fortune, Federal Reserve Bank of St. Louis president Alberto Musalem defended the Fed’s autonomy, citing global evidence that independent central banks deliver stronger inflation and ...
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 ...
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘master class’ in indecision
Fed meeting minutes reveal growing divisions among policymakers, with several officials signaling openness to a rate cut this ...
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 ...
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 ...