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The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ends in 2026. Treasury Secretary Scott Bessent confirmed the process is ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...
TLDR The formal process to find a replacement for Jerome Powell as Federal Reserve Chair has officially started. Treasury Secretary Scott Bessent confirmed that the White House is actively reviewing ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has ...
The Trump administration has used the pricey project as a means to attack Federal Reserve chair Jerome Powell.
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.
The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.