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Tag: interest rates

Rep. Maxine Waters (D-CA) attends a news conference with Democratic members of the House Financial Services Committee and the Sustainable Investment Caucus at the U.S. Capitol on July 12, 2023 in Washington, DC. The lawmakers discussed corporate environmental and social policy investing. (Photo by Drew Angerer/Getty Images)

Rep. Maxine Waters urges use of 25th Amendment to find out what’s ‘wrong’ with Trump

Representative Maxine Waters has called for using the 25th Amendment on President Donald Trump to find out what’s “wrong with him.” 

Read More Rep. Maxine Waters urges use of 25th Amendment to find out what’s ‘wrong’ with Trump
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 
(Background) U.S. Treasury Secretary Scott Bessent speaks to reporters outside the West Wing of the White House on April 09, 2025 in Washington, DC. President Trump announced today a 90-day pause on the full effect of his new tariffs for dozens of countries except China, which he raised to 125% “effective immediately”. (Photo by Anna Moneymaker/Getty Images) / (R) WASHINGTON, DC - JULY 22: Federal Reserve Chairman Jerome Powell delivers opening remarks at the Integrated Review of the Capital Framework for Large Banks Conference at the Federal Reserve on July 22, 2025 in Washington, DC. Rep. Anna Paulina Luna (R-FL) is referring Powell to the Department of Justice (DOJ) for criminal charges, accusing him of two specific instances of perjury. The accusations come as Trump allies continue to call for Powell’s removal before his term expires in 2026. (Photo by Andrew Harnik/Getty Images)

Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’

Treasury Secretary Scott Bessent recently maintained that President Donald Trump has no intention of firing Federal Reserve Chair Jerome Powell—in light of previous statements made by Trump where he suggested that he wishes the fed chair would resign.

Read More Bessent reiterates Trump doesn’t plan to fire Fed. Chair Powell: ‘He’s said that on numerous occasions’
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. 

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

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