California’s high-speed rail costs have ballooned to an estimated $126 billion, with critics calling the LA-to-San Francisco project a “train to nowhere.”
Tag: Jerome Powell
Powell Urges Patience As Fed Holds Rates Steady Amid Iran Conflict
WASHINGTON—The Federal Reserve this week held interest rates steady, a shock to observers who assumed geopolitical tensions and rising oil prices may have moved the Read More
The Fed Missed The Moment. Again.
The Federal Reserve got it wrong again. By refusing to cut rates yesterday, the Fed showed that it is still fighting yesterday’s inflation while ignoring Read More
Ex-Biden official faces backlash over thinly veiled warning to companies when Dems are back in charge
Sen. Kennedy said last week he was concerned about comments made by Susan Rice telling companies they would be held accountable for aligning themselves with Trump.
Boasberg blocks subpoenas against Fed Chair Jerome Powell
Judge Boasberg described the effort as an attempt to pressure Federal Reserve Chairman Jerome Powell into lowering interest rates or resigning.
Federal judge blocks DOJ’s subpoenas against Jerome Powell: report
A federal judge on Friday said he was blocking subpoenas that the Justice Department served to Federal Reserve Chair Jerome Powell.
Sen Tim Scott calls Trump post ‘most racist thing I’ve seen out of this White House’
Sen. Tim Scott, R-S.C., called President Donald Trump’s post depicting the Obamas as monkeys “the most racist thing I’ve seen out of this White House,” and demanded it be taken down.
What Trump’s next pick to lead the Federal Reserve means for your wallet
Federal Reserve leadership change could determine affordability for millions as borrowing costs squeeze household budgets ahead of midterm elections.
Trump plans to name Kevin Warsh as next Fed chair: sources
President Trump plans to name Kevin Warsh, the former Federal Reserve governor, replace Jerome Powell as Federal Reserve chair, The Post has learned.
A rare filing in the Lisa Cook–Trump case could sway Supreme Court justices
Every living Fed chair and Treasury secretaries unite against Trump’s bid to fire Lisa Cook, warning of economic instability in rare Supreme Court filing.