News

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
White House economic adviser Kevin Hassett drew laughter from a roomful of economists in late March when he launched into an ...
When he was sworn in, Trump promised a new “Golden Age.” It’s clear that, six months into his presidency, the public isn’t buying all the hype.
Former Texas Land Commissioner and Pine Cove Capital managing partner George P. Bush discusses DOGE spending cuts and reducing federal spending of public media and foreign aid on ‘Fox News Live.’ ...
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, ...
Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.
The Federal Reserve's political independence- the sense that the world's most powerful central bank makes decisions based on economic conditions, not short-term political considerations- is a critical ...