A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.
Fed chief Jerome Powell has said "policy uncertainty" under Donald Trump clouds the Federal Reserve rate outlook.
That said, Trump has also expressed an interest in having “at least a say” in monetary policy. Then again, in the same hour on Tuesday, Trump also called for the U.S. to absorb Canada, seize the ...
The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is ...
A jobs report to be released on Friday will provide a key gauge of the nation’s economic health, just days before the ...
Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns ...
Inflation, interest rates and tariffs mean 2025 is shaping up to be an intriguing year for the global economy. One in which ...
President-elect Donald Trump’s advisers are considering how they will reshape the leadership of the Federal Reserve including elevating Fed Governor Michelle Bowman to be the central bank’s next vice ...
Trump hasn’t even been sworn into office yet and he’s already locking horns with Fed chair Jerome Powell on interest rates.
Senator Elizabeth Warren is outlining a detailed list of her concerns with Scott Bessent in a new letter that runs for 31 ...
The economy is more robust and financial conditions easier than the Federal Reserve has been expecting, which means interest rates won’t be coming down as rapidly as investors (and Donald Trump ...