HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.
Tag: Jerome Powell
Morning Brief: Congress Cuts Funding For PBS & NPR, Biden’s Decline Investigated, Fed Meeting
The House pulls the plug on NPR and PBS in a late-night funding fight as President Donald Trump’s plan gets final approval. Another top Biden Read More
Morning Brief: Trump Vs Fed Chair, Congressional Chats, $100 Billion Investment In Pennsylvania AI
President Trump continues his assault on Fed Chair Jerome Powell. With the Big Beautiful Bill signed into law, the House GOP lays out their next Read More
Trump Drafted Letter To Fire Fed Reserve Chair, But Says ‘We’re Not Planning On Doing It’
President Donald Trump said on Wednesday that he is “not planning on doing anything” after reportedly writing a letter to fire Federal Reserve Chair Jerome Read More
Inflation Creeps Up As Trump Prepares Major Tariff Rollout
Inflation ticked up last month, coming in slightly above economists’ predictions for the June Consumer Price Index report as President Donald Trump prepares to impose Read More
Trump Admin Cheers ‘Reports’ That Jerome Powell ‘Considering Resigning’
The Trump administration said Friday that it was encouraged by “reports” that Federal Reserve Chair Jerome Powell was considering resigning. Federal Housing Finance Agency Director Read More
Morning Brief: Trump Sues Los Angeles, Battles Harvard, And Pushes Big Beautiful Bill
The DOJ cracks down on “sanctuary city” Los Angeles, Trump continues his feud with Jerome Powell, and Harvard and Democrats try to slow Trump’s budget Read More
Jerome Powell Suggests Delaying Rate Cuts Beyond July Meeting While Fed Studies Tariff Impact
WASHINGTON (Reuters) — Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of possible rate cuts, Read More
Morning Brief: Trump’s Iran Ultimatum, Fed Holds Firm On Rates & AI’s Dark Side Exposed
President Donald Trump says he will make a decision on whether to strike Iran within two weeks. Our expert breaks down all the latest economic Read More
Federal Reserve Refuses To Cut Interest Rates
The Federal Reserve voted to leave the benchmark interest rate between 4.25% and 4.5%, despite the economy’s “solid position.” “For the time being, we are Read More