News

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Trump Will Remake the Fed. Lower Rates Are Just the Start.
A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.
Trump fires US labor official over data and gets earlier than expected chance to reshape Fed
By Lucia Mutikani, Nandita Bose and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -President Donald Trump on Friday fired a ...
Fed Won't Budge on Interest Rate Cut Despite Trump's Demand for Mortgage Relief
As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...
Trump Claims He 'Most Likely' Will Not Fire Fed Chair Jerome Powell
President Donald Trump claimed Friday he “most likely” will not fire Federal Reserve Chair Jerome Powell, despite ...
Federal agency opens probe into former Trump prosecutor Jack Smith
A U.S. federal agency has opened a formal investigation into former Special Counsel Jack Smith, who oversaw two criminal ...
Trump administration paid federal employees billions not to work, report says
Donald Trump’s so-called Department of Government Efficiency has spent nearly $21 billion in taxpayer funds on employees ...
Nearly 150,000 Federal Workers Have Left Under Trump, New Analysis Shows
Making employees miserable has helped the administration push them out the door through deferred resignation and early ...