News

Rooftop Gardens and Marble Halls: Trump Allies Attack Powell Over Fed Renovations
It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.
White House financial watchdog rips Jerome Powell over $2.5 billion revamp of Fed HQ — warns construction could be halted
The White House financial watchdog ripped Federal Reserve Chair Jerome Powell over a lavish revamp of the central bank’s ...
As Trump Calls For 3-Percentage Point Rate Cut, 'Too Late' Jerome Powell To Resign, June Fed Minutes Show 'Uncertainty' Reigns Supreme
As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid ...
A Hazy Inflation Outlook Divides the Fed
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
Stocks close higher despite go-slow Fed, poor Prime Day showing
U.S. stocks closed higher even though Federal Reserve meeting minutes show no hurry to cut rates and Amazon's Prime Day falls ...
'I would hope' Powell steps down from Fed board when chairmanship is up: Faulkender
Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell ...
Can Trump tap Bessent to head the Fed and the Treasury at the same time? Here’s what the law says.
Treasury Secretary Scott Bessent is among the contenders to head the Federal Reserve. Can President Donald Trump have him do ...
Fed Minutes Show Diverse Views on Tariffs and Inflation
While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual ...