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The Senate voted to approve a rescission package that claws back funds allocated for public media and foreign aid. And, ...
Former Federal Reserve Governor Kevin Warsh believes the Federal Reserve has mishandled interest rates and faces a ...
Warsh called for sweeping changes on how the Fed conducts business and suggested a policy alliance with the Treasury Department.
On Tuesday, a dozen conservatives sank a procedural vote to advance three crypto bills, including the GENIUS Act, which would establish a regulatory framework for the $250 billion market for ...
Photo: Alamy President Donald Trump blasted Federal Reserve Chairman Jerome Powell on Wednesday, calling him a “numbskull” over monetary policy decisions and a costly renovation project at the central ...
Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
Consumer spending is being supported by a stable labor market. A separate report from the Labor Department showed initial ...
ET, the Senate passed about $9 billion in federal spending cuts requested by President Donald Trump, including deep reductions to public ...
Early trading on Wall Street is muted as markets appeared to calm after President Donald Trump walked back his earlier ...
President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street ...
The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...
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