The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
President Donald Trump slammed the Federal Reserve for its handling of interest rates, labeling them “far too high” during a fiery press conference at his Mar-a-Lago estate. He accused the outgoing Biden administration of leaving behind an ‘economic mess,
Federal Reserve governor Chris Waller said Wednesday that he still supports cutting interest rates this year, believing inflation will continue to drift lower despite promises of sweeping tariffs from the new Trump administration.
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S. central bank during his second term as president.
The circle of billionaires in Trump’s cabinet embodies the reign of American oligarchy. Thanks to a generous supporter, your one-time gift today will be matched today and your monthly donation will be matched for the whole first year. Help us prepare to confront Trump’s fascism all through 2025 – make a donation now!
Donald Trump is back with bold claims, saying that “inflation is continuing to rage” and “interest rates are far too high.”  His comments are stirring
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.
Bitcoin's price could rise from $150,000 to $400,000 by 2025, with a potential 400% increase from its current price of $94,981, according to Blockware
President-elect Donald Trump has expressed interest in building up a stockpile of bitcoin. What would that mean for taxpayers?
Fed governor Michael Barr said in a letter to President Joe Biden that he would step down as vice chair for supervision Feb. 28, or earlier if a successor was confirmed.
A top Federal Reserve official who is the Government’s most influential banking regulator stepped down from his leadership role after advisers of US President-elect Donald Trump seriously weighed demoting him.