News

The odds of a September Fed rate cut look high after June jobs report — but it may be a tough call for Powell
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
Fed Chair Jerome Powell accused of lying to Congress over $2.5B ‘Palace of Versailles’ HQ revamp
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from ...
Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...
Fannie Mae Chair Pulte drops grim message to Fed Chair Powell
Fannie Mae Chairman and Director of the Federal Housing Finance Agency Bill Pulte released a statement calling on Congress to ...
Federal Housing Finance Agency director demands Congress investigate Jerome Powell
Federal Housing Finance Agency Director Bill Pulte on Wednesday called on Congress to investigate Federal Reserve Chairman ...
Trump tells Powell to leave
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump says ...
Fed's Powell says dollar swap lines remain important tool
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no plans ...