Powell Holds Rates, But Two Colleagues Dissent
The central bank published its official interest rate decision on Wednesday afternoon after a two-day meeting to deliberate U.S. monetary policy. Split at the Fed: Powell Holds, Colleagues Push Back…
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Judge Rejects Bid to Make Powell’s Interest Rate Meetings Public
The request to make Federal Open Market Committee (FOMC) meetings open to the public was made via a dubious lawsuit filed by James Fishback’s Azoria Capital. Fed’s Closed-Door Policy Upheld…
Trump Visits the Federal Reserve Headquarters
It’s not often that a sitting U.S. President pays a visit to the central bank, but Donald Trump is not your typical president. Trump Tours Federal Reserve in Surprise Washington…
Treasury Secretary Scott Bessent Calls for Full Fed Audit
After describing U.S. Federal Reserve Chairman Jerome Powell as “a good public servant,” Bessent reiterated his call for a full internal review of the central bank’s operations. Should the Fed…
Cynthia Lummis Calls for Powell to Resign
Wyoming’s Republican Senator has criticized the U.S. Federal Reserve Bank over its role in Operation Choke Point 2.0, and now she’s calling for the Fed Chairman to step down. Lummis…
Trump Demands Fed Slash Rates by 3%—Says Powell Should Step Down
U.S. President Donald Trump is still fuming over Federal Reserve Chair Jerome Powell’s refusal to trim interest rates. Taking to Truth Social on Tuesday, Trump declared the Fed needs to…
Powell ‘May Resign’ Over $2.5B HQ, Trump Demands 1.25% Rate
TL;DR Powell under pressure as $2.5B Fed HQ project faces criticism from lawmakers and agency officials. Trump demands Fed slash rates to 1.25%. William Pulte says Powell stepping down would…
Congress Urged to Investigate Fed Chair Over $2.5B Scandal
Fed Chair Jerome Powell is at the center of a spiraling scandal as Congress faces mounting pressure to launch a full-scale investigation into a $2.5 billion Fed project meltdown. $2.5B…
Treasury Secretary Bessent Leads Search for Next Fed Chair as Powell’s Term Nears End
Treasury Secretary Scott Bessent is actively involved in selecting a replacement for Federal Reserve Chair Jerome Powell, whose term concludes in May 2026, with President Donald Trump expected to announce…
Supreme Court Ruling Shields Fed Chair Powell From Removal: Report
According to a report from Reuters, U.S. Federal Reserve Chair Jerome Powell is still positioned to serve his full term despite pressure from President Donald Trump, shielded by a recent…