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Tag: inflation

WASHINGTON, DC - JULY 24: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell look at a piece of paper alongside Sen. Tim Scott (R-SC) as they tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell. (Photo by Chip Somodevilla/Getty Images)

Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs

President Donald Trump threatened to file a “major lawsuit” against Federal Reserve Chair Jerome Powell, alleging “grossly incompetent” management of the Federal Reserve’s building construction projects.

Read More Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs
US Secretary of Treasury Scott Bessent (C) attends the Military Family Picnic on the South Lawn of the White House in Washington, DC on July 4, 2025. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Treasury Secy. Bessent expands search for next Fed Chair

U.S. Treasury Secretary Scott Bessent has disclosed that he is evaluating a shortlist of three candidates to assume the role of Federal Reserve chair when the position becomes vacant next year.

Read More Treasury Secy. Bessent expands search for next Fed Chair
(Photo via: Trump truth social)

Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation 

President Donald Trump has appointed economist Stephen Miran to serve on the Federal Reserve Board of Governors.

Read More Trump appoints Stephen Miran to serve on Fed. Reserve Board following Kugler resignation 
WASHINGTON, DC – OCTOBER 12: U.S. Sen. Joshua Hawley (R-MO) speaks during a confirmation hearing for Supreme Court nominee Amy Coney Barrett before the Senate Judiciary Committee on Capitol Hill on October 12, 2020 in Washington, DC. Barrett was nominated by President Donald Trump to fill the vacancy left by Justice Ruth Bader Ginsburg who passed away in September. (Photo by Susan Walsh - Pool/Getty Images)

GOP Sen. Hawley proposes $600 rebate for Americans funded by tariff revenue

GOP Missouri Senator Josh Hawley introduced a bill on Monday that would provide $600 tariff rebates to Americans and dependent children.

Read More GOP Sen. Hawley proposes $600 rebate for Americans funded by tariff revenue
France's Prime Minister Francois Bayrou attends a session of questions to the government at the National Assembly, France's lower house parliament, in Paris on February 5, 2025. (Photo by JULIEN DE ROSA / AFP) (Photo by JULIEN DE ROSA/AFP via Getty Images)

France’s Prime Minister denounces EU for ‘submitting’ to Trump in U.S.-EU trade deal: ‘A dark day’

French Prime Minister François Bayrou criticized the European Union for agreeing to a trade deal with President Donald Trump that places a 15% tariff on all EU goods while the U.S. largely enjoys tariff-free exports.

Read More France’s Prime Minister denounces EU for ‘submitting’ to Trump in U.S.-EU trade deal: ‘A dark day’
WASHINGTON, DC - AUGUST 05: Joseph Lavorgna, Chief Economist of the National Economic Council (NEC), speaks to reporters outside of the West Wing of the White House on August 5, 2020 in Washington, DC. (Photo by Drew Angerer/Getty Images)

One Big Beautiful Bill helps to increase investment by businesses on equipment and CapEx

Equipment and capital expenditures (CapEx) surged 11% in the second quarter of this year following a 23% spike in quarter one.

Read More One Big Beautiful Bill helps to increase investment by businesses on equipment and CapEx

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