Pirro drops Powell probe but vows to restart probe ‘should the facts warrant doing so’
The criminal investigation that has held the Federal Reserve chair nomination hostage for three mont[……] Read More
Kevin Warsh’s opening statement: Inflation is a choice, independence essential
In a matter of hours, former Fed Governor Kevin Warsh will appear before the Senate Banking Committe[……] Read More
Trump’s choice: Warsh in at the Fed, or Powell to pay. It seems we have our answer
Ever since Trump announced that former Fed Governor Kevin Warsh was his nominee to lead the central[……] Read More
The jobs report looks good ‘for the wrong reasons,’ top economist warns
The U.S. economy added 178,000 jobs in March and the unemployment rate ticked down to 4.3%, a showin[……] Read More
Hiring just hit a level not seen since the economy was shut down during COVID, top economist says
The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with j[……] Read More
Markets cheer as Trump threatens to abandon the Strait of Hormuz, leaving the oil market in crisis
The stock market ripped Monday morning after the White House signaled it may no longer be America’s[……] Read More
Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but it ‘will not end well’
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Mond[……] Read More
Jerome Powell to Gen Z: Don’t fear AI—master it
Federal Reserve Chair Jerome Powell delivered a pointed message to the next generation of workers la[……] Read More
Jerome Powell says you’re right to blame data centers for making your bills more expensive
Fed Chair Jerome Powell acknowledged Wednesday that the AI-fueled data center boom is contributing t[……] Read More
At Powell’s penultimate Fed meeting, don’t expect many rate cut hints
In a matter of months, a new face will stand behind the lectern at the U.S. Federal Reserve, followi[……] Read…
Judge quashes Fed subpoenas, saying DOJ has ‘produced essentially zero evidence’ against Powell
A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in Janu[……] Read More