Warsh has long advocated for aggressively shrinking the Federal Reserve’s $6.6 trillion balance sheet, a move that could tighten financial conditions and push mortgage rates higher, potentially clashing with Trump’s housing affordability goals.
Browsing: Federal Reserve (The Fed)
The Trump administration plans to finalize a rule that would make it easier to discipline or dismiss senior career officials, potentially affecting nearly 50,000 federal workers by reducing long-standing job protections.
WASHINGTON — In a significant blow to President Donald Trump’s efforts to reshape the Federal Reserve, a federal appeals court on Monday night rejected the administration’s…
WASHINGTON — In an unprecedented escalation of his long-standing feud with the Federal Reserve, President Donald Trump on Monday announced the immediate removal of Governor Lisa…
In an unfolding drama at the intersection of politics and economics, former President Donald Trump is poised to gain new influence over U.S. monetary policy. The…
WASHINGTON, D.C. — In a move with deep implications for U.S. monetary policy and global financial markets, President Donald J. Trump announced on Tuesday that he…
WASHINGTON – The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell’s comments after the decision undercut confidence that borrowing…
WASHINGTON, D.C. — The Federal Reserve held interest rates steady Wednesday for the fifth consecutive meeting, but signs of growing division within the central bank emerged as…
Allies of President Donald Trump are pressing for an investigation into the ongoing restoration of the Federal Reserve’s headquarters, costs for which have ballooned to $2.5 billion.…
One day after House Republicans approved an expensive package of tax cuts that rattled financial markets, President Trump pivoted back to his other signature policy priority, unveiling a…