News

The race to succeed Fed Chair Jerome Powell just got weirder
Bill Pulte, the current head of the Federal Housing Finance Authority that runs mortgage giants Fannie Mae and Freddie Mac, ...
Trump uses 'flood the zone' tactic to ramp up pressure on Fed's Powell
Trump escalates pressure on the Fed with a high-profile visit, signals retreat from firing Powell while pushing for rate cuts ...
Trump Turns To ‘Flood The Zone’ Playbook To Attack Powell’s Fed
On Thursday, Trump ramped up the pressure even further when he visited the Fed headquarters to see its renovations in-person, ...
Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance
"What we need to do is examine the entire Federal Reserve institution and whether they have been successful," Bessent told ...
The Fed building renovation at the heart of Trump’s efforts to oust Powell
The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...
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Fed Independence Under Siege: Mandate Creep Sparks Controversy
U.S. Treasury Secretary Scott Bessent has highlighted a threat to the Federal Reserve's independence due to its extension ...
US Dollar weakens as Powell faces perjury allegations
Political pressure on Fed Chair Jerome Powell intensifies after DOJ referral over alleged perjury. The DXY US Dollar Index is ...
Hassett grabs pole position in race to be Trump’s new Fed chair
Kevin Hassett, one of President Trump’s longest-serving economic aides, is the early front-runner to replace Jerome Powell as ...
Swiss Franc strengthens as US Dollar Sinks on renewed pressure against Fed Chair Powell
Political pressure on Fed Chair Jerome Powell intensifies after DOJ referral over alleged perjury.
Trump wants to oust Jerome Powell: What getting rid of the Federal Chair would do to the economy
Though the Federal Reserve is not controlled by the White House, Donald Trump has voiced his frustrations with the central ...
Are the Fed’s Foundational Protections Against Political Pressure at Risk?
The Federal Reserve does not receive funding through the congressional budgetary process. The Fed’s income comes primarily from the interest on government securities that it has acquired through open ...