Trump Enters Uncharted Ground with the Federal Reserve
The legal landscape in deciding when presidents can fire Fed governors is surprisingly unsettled. Source link
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Reserve
The Federal Reserve has been historically independent of the White House. Here’s why
President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over…
Trump calls on Federal Reserve governor Lisa Cook to resign over alleged mortgage fraud
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud, the latest…
Trump nominates White House economist Stephen Miran to Federal Reserve board
President Trump on Thursday said he'll nominate Stephen Miran, a top White House economic adviser, for the vacant seat on the Federal Reserve Board of Governors as the president feuds with…
Federal Reserve governor resigns, opening way for a Trump choice
Adriana Kugler announced she's stepping down as Federal Reserve governor, giving President Trump a shot at filling the spot. Source link
Trump calls for ‘stubborn’ Fed chair Powell to be unseated by board at Federal Reserve
President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not…
Federal Reserve Crushes Dreams of a Lower Interest Rate—Blaming Trump
“Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they…
Federal Reserve likely to hold interest rates steady despite Trump pressure
The Federal Reserve is expected to leave interest rates unchanged at its meeting on Wednesday, even as President Trump intensifies his campaign to push the central bank into lowering the…
Who is FC Conradie? South African Game Reserve CEO Killed by Elephant in Shocking Wildlife Tragedy
A tragic wildlife incident claimed the life of 39-year-old FC Conradie, the CEO of Gondwana Private Game Reserve in South Africa, on July 22. The conservationist and entrepreneur was…
Trump, Powell tour Federal Reserve headquarters amid criticism over renovation price tag
President Trump said he won't fire Federal Reserve Chairman Jerome H. Powell, but said a project manager who was over budget on one of his real estate projects wouldn't fare the same, as…
Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White House said, a surprise move that escalates tension…
Trump says he’s found a way to fire Fed Reserve Chair Powell. Here’s how
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion…
Bessent suggests Powell should leave Federal Reserve board in May
US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.…
Federal Reserve pushes back after White House blasts renovations of its headquarters
The Federal Reserve Bank has quietly pushed back against the White House's criticism of the central bank's $2.5 billion plan to renovate its headquarters in downtown Washington. Source link
White House ramps up attacks on Powell, Fed Reserve by lambasting headquarters' renovation
The White House intensified its attacks on Federal Reserve Chairman Jerome Powell, blasting his plans to renovate the central bank's headquarters as egregious and comparing it to the…
Reserve Bank of Australia poised for back-to-back rate cuts as tariffs darken outlook
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as inflation pressures cool and US trade policies threaten…
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the US$29…
Trump considers candidates to replace Federal Reserve Chair Powell
President Trump on Wednesday said he has a handful of people in mind to replace Federal Reserve Chairman Jerome Powell, who has resisted Mr. Trump's calls to lower interest rates. Source…
US Federal Reserve split on whether to hedge on inflation, or proceed with cuts
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday (Jun 20) in the first public…
Federal Reserve Warns Trump’s Economy Is About to Get Whole Lot Worse
Tucker Carlson exposed Senator Ted Cruz’s complete deference to Israel by asking him some very basic questions about Iran. Cruz was unable to answer, falling into one rhetorical trap after…
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash swings, a…
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio for banks as muted…
Trump’s Next Authoritarian Target: The Federal Reserve
“I think if President Trump had just a minute more, if you go back into the room behind the Oval, he’s got all his hats and things over there, and he has a hat which is the accurate…
US firms plan to pass Trump tariff costs to consumers: Federal Reserve minutes
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes of the bank’s most recent rate decision.…