Lisa Cook, whom President Donald Trump has sought to fire from her position as Federal Reserve governor over allegations of mortgage fraud, once said that economists could have caught the 2008 financial crisis earlier if they had paid attention to “mortgages that were pitched to African-Americans.”
This week saw a series of unprecedented events that may signal the end of the form of central bank independence as we have known it for more than a century.
Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.
Fed chairman Jerome Powell signaled on Friday that the central bank could be ready to cut interest rates as soon as next month.
America’s factories are humming, demand is solid, and prices are rising alongside precautionary inventories. The Fed’s theory inflation “lag theory” doesn’t explain this.
By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.
President Donald Trump could potentially gain a new ally on the Federal Reserve if allegations of potential mortgage fraud force Federal Reserve Governor Lisa Cook to resign. Trump on Wednesday urged Federal Reserve Governor Lisa Cook to resign after Federal
President Donald Trump on Tuesday took several shots at Federal Reserve Chair Jerome Powell, calling him a “loser.”
President Donald Trump has decried the “incalculable” damage Federal Reserve Chairman Jerome Powell has done by not lowering interest rates after inflation rose less than expected from a Tuesday report.
The central bank’s future may hinge on a forgotten legal quirk—and a historical echo from 1948.
The July jobs report was a disaster for the American worker, the U.S. economy, the Federal Reserve, and Jerome Powell.
The labor market appears to be far weaker than previously thought, with huge downward revisions to May and June, losses in manufacturing, and a rising unemployment rate.
The Federal Reserve voted Wednesday to keep interest rates unchanged, a decision which elicited two dissenting votes from the central bank’s board of governors for the first time in more than 30 years.
Treasury Secretary Scott Bessent said during a Breitbart policy event on Wednesday that the Federal Reserve is suffering not from “Trump Derangement Syndrome,” but from “Tariff Derangement Syndrome.”
The Federal Reserve’s latest FOMC minutes offer a peek into the mind of an institution trying to explain why its insistence that tariffs would trigger inflation keeps misfiring.
President Donald Trump said Friday that he expects Federal Reserve Chairman Jerome Powell to soon start lowering interest rates after their meeting at the Fed on Thursday.
WASHINGTON–President Donald Trump, who has been critical of cost overruns on renovations at the Federal Reserve, toured the ongoing construction there on Thursday, alongside Chairman Jerome Powell.
President Donald Trump pays a visit to the Federal Reserve headquarters in Washington, DC, on Thursday, July 24.
Sales of newly built single-family homes in the United States rose slightly in June but remained well below expectations, as elevated mortgage rates and affordability concerns continued to weigh on demand. The U.S. Census Bureau and the Department of Housing
Senator Rand Paul has reintroduced the “Audit the Fed” bill, with Senator Rick Scott and other Republicans joining the effort to expose the Federal Reserve’s ethics scandals, lack of transparency, and $2.5 billion luxury headquarters renovation.
TAMPA, Florida – The biggest hurdle in the Senate is Republicans “getting a backbone,” freshman Sen. Bernie Moreno (R-OH) said during an interview at the Turning Point Student Action Summit over the weekend.
Senator Elizabeth Warren (D-MA) said Wednesday on CNN’s “The Source” that President Donald Trump would “bring down the U.S. financial markets” if he fired Federal Reserve Chair Jerome Powell.
On Tuesday’s broadcast of CNN’s “OutFront,” Sen. Amy Klobuchar (D-MN) reacted to criticism from the White House over the cost of renovations to the Federal Reserve’s building by saying that you can’t fire Federal Reserve Chairman Jerome Powell over that and
President Donald Trump declared Thursday that the United States is officially “back” and called on the Federal Reserve to lower interest rates.
House Judiciary Committee Chairman Jim Jordan (R-OH) on Wednesday said he would look into Trump administration calls to investigate Federal Reserve Chairman Jerome Powell for “political bias” and “deceptive” testimony.
“I don’t even know why we have the Fed,” Sen. Tommy Tuberville (R-AL) said during an appearance on Breitbart News Daily, laying out the issues with the Federal Reserve and noting that Federal Reserve Chair Jerome Powell “should be gone.”
Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year.
Federal Reserve Chairman Jerome Powell on Tuesday during a congressional hearing said the nation’s central bank felt compelled to address policies around “reputational risk,” noting that “debanking” is a “serious problem.”
Federal Reserve Chairman Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Committee on Wednesday, June 25.
The U.S. can continue to grow the national economy via greater productivity among American workers, even when migration is cut back, Federal Reserve Chairman Jerome Powell told a House hearing on Tuesday.
Fed chair tells lawmakers inflation could rise again due to Trump’s tariffs, keeping rate cuts on hold for now.
President Trump has a rare opportunity to break the cycle of the Fed’s bureaucratic groupthink. Here are three decisive moves he can make.
“TOO LATE’s an American Disgrace!” Trump wrote.
The Federal Reserve announced definitively on Wednesday that President Trump’s tariff policies are forcing a more aggressive stance on inflation.
The President joked that maybe he should appoint himself to the Fed.
As speculation builds over who might eventually succeed Jerome H. Powell as chair of the Federal Reserve, Treasury Secretary Scott Bessent says he is not seeking the role and remains focused on his current post.
The private sector added just 37,000 workers to payrolls in May, according to payroll processor ADP. This is the lowest pace of hiring since March of 2023.
Trump is keeping up the pressure on the Fed to cut rates.
President Donald Trump once again took aim at Federal Reserve chairman Jerome Powell on Thursday, apparently unhappy with the central bank’s decision Wednesday to hold its interest rate benchmark steady.
The Fed is stuck between crosscurrents: too strong to ease, too shaky to hike. The best they can do is what they’ve been doing—waiting for the fog to lift.
