Federal Reserve – Page 6 – One America News Network

WASHINGTON, DC - JUNE 02: Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 02, 2025 in Washington, DC. Powell talked about the origins and history of the division. (Photo by Chip Somodevilla/Getty Images)

Trump urges Fed Chair Powell to cut interest rates following disappointing jobs report

President Donald Trump is applying more pressure to Federal Reserve Chair Jerome Powell to cut interest rates after a Wednesday report showed job hiring slowed down last month.

(L) WASHINGTON, DC - MAY 23: U.S. President Donald Trump looks on in the Oval Office of the White House May 23, 2025 in Washington, DC. President Trump is set to sign new executive orders. (Photo by Win McNamee/Getty Images) / (Bacckground) WASHINGTON, DC - JUNE 29: Police officers with the U.S. Supreme Court detain a man who entered the closed front plaza of the Court on June 29, 2023 in Washington, DC. In a 6-3 vote, Supreme Court Justices ruled that race-conscious admissions programs at Harvard and the University of North Carolina are unconstitutional, setting precedent for affirmative action in other universities and colleges. (Photo by Anna Moneymaker/Getty Images) / (R) US Federal Reserve Chairman Jerome Powell gestures as he speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. The US Federal Reserve cut interest rates by a quarter point December 18 and signaled a slower pace of cuts ahead, amid uncertainty about inflation and US President-elect Donald Trump's economic plans. Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent, the Fed announced in a statement. They also penciled in just two quarter-point rate cuts for next year, and sharply hiked their inflation outlook for 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

SCOTUS: Trump can fire independent agency heads, except those at Federal Reserve

On Thursday, the Supreme Court granted a request from the Trump administration that permits the president to dismiss any members of independent federal agencies that he chooses. However, the High Court also indicated that its ruling does not extend to the Federal Reserve.

SUNRISE, FLORIDA - APRIL 30: A 'Now Hiring' sign sits next to the Jiffy Lube booth during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2025 in Sunrise, Florida. Over 150 local hiring managers & recruiters were at the job fair to recruit workers for 1000s of positions in Miami, Broward, and Palm Beach County. (Photo by Joe Raedle/Getty Images)

April Job Gains Reach 177K, Showing Resilience Amid Tariff Concerns

A new April jobs report has revealed that the U.S. economy added 177,000 jobs last month, which exceeded analysts expectations due to tariff concerns.

US Federal Reserve Chair Jerome Powell speaks at the Economic Club of Chicago in Chicago, Illinois, on April 16, 2025. US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the unenviable position of having to choose between tackling inflation and unemployment, Powell said Wednesday. US markets fell following Powell's remarks, with the tech-rich Nasdaq Composite down 3.4 percent at around 12:50 pm local time in Chicago (1750 GMT). (Photo by KAMIL KRZACZYNSKI / AFP) (Photo by KAMIL KRZACZYNSKI/AFP via Getty Images)

Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’

President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”