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The Fed cuts interest rates by 25 basis points after disappointing job growth — and mounting political pressure
Federal Reserve Chair Jerome Powell said the central bank will cut interest rates by a quarter point, following rising inflation and slow job growth. Read More
Senators grill Trump's Fed nominee over political independence
Trump has undertaken a monthslong pressure campaign urging lower interest rates. Stephen Miran, a nominee to serve on the board of the Federal Reserve, on Thursday vowed to safeguard central bank ... Read More
Trump’s Fed nominee says he’d keep his White House job even if confirmed by the Senate
WASHINGTON (AP) — Stephen Miran, President Donald Trump’s pick to join the Federal Reserve Board, said Thursday that he would remain a White House employee even if the Senate confirms him to fill an ... Read More
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