Jerome Powell

President Donald Trump and Treasury Secretary Scott Bessent have been calling for aggressive rate cuts, but the Federal Reserve hit a pause and kept the federal funds rate unchanged last week. FOMC Meet In March All eyes will be on Fed Chair Jerome Powell at the next Federal Open Market Committee...

President Donald Trump said he wants the federal investigation into Federal Reserve Chair Jerome Powell to continue, brushing aside warnings that the probe threatens the independence of the U.S. central bank. Trump Says Probe Should Continue On Monday, speaking in the Oval Office, Trump was asked...

It’s been an eventful week, with several key figures making headlines. Here’s a quick roundup of the top economic stories that unfolded over the week. Anthony Scaramucci Sounds Alarm Over $131,000 ‘Basic Stability’ Income Former White House communications director and...

President Donald Trump is optimistic that his nominee for the Federal Reserve Chair, Kevin Warsh, will receive bipartisan support in the Senate. Trump expressed his confidence in Warsh’s confirmation during a conversation with reporters on Air Force One on Saturday. He said Warsh, a Stanford...

Silver is staging a rally not seen in more than 150 years, reaching back to one of the most extreme monetary stress episodes in U.S. history: the American Civil War. The gray metal — tracked by the iShares Silver Trust (NYSE:SLV) — surged above $118 per ounce on Thursday, extending its monthly gain...

The stock market witnessed a mixed performance today as the S&P 500 and the Nasdaq indices showed varied results. The Federal Reserve’s decision to maintain the federal funds rate at 3.5%–3.75% has kept investors on their toes. The economic activity continues to expand at a solid pace,...

Federal Reserve Chair Jerome Powell is signaling patience, noting that the central bank remains "well positioned" as the labor market shows signs of stabilization. "We will continue to make our decisions meeting by meeting… letting the data light the way for us," Powell said on Wednesday following...

Former White House communications director and SkyBridge Capital founder Anthony Scaramucci is sounding the alarm on what he described as a widening gap between financial reality and “basic stability” in the United States. No ‘Breathing Room’ For Most Americans On Tuesday,...

President Donald Trump renewed his criticism of the Federal Reserve and Chair Jerome Powell for keeping interest rates high, while adding that rates will decline significantly under the next Chair. Rates Will Come Down ‘A Lot’ During a speech in Iowa on Tuesday, Trump slammed Powell yet...

President Donald Trump has been back in the White House for over a year for his second term. A new poll finds his approval rating rose this month, while his disapproval rating hit a new record for this term. Here's how the economy and affordability could be weighing on voters when asked how they...

President Donald Trump has been in office for more than one year in his second term. While stock market indexes have traded higher in the year time, the president's approval ratings are hitting record lows to start 2026. Trump's Approval Rating Falls Several voter polls have shown Trump to have a...

U.S. Treasury Secretary Scott Bessent criticized the Federal Reserve for several ethical lapses and policy missteps, which he said have resulted in losses amounting to several billion dollars a year. Bessent Slams Fed’s ‘Mistimed Asset Purchases’ On Tuesday, Bessent said the...

Treasury Secretary Scott Bessent assured that President Donald Trump remains committed to the independence of the Federal Reserve, while defending the need for accountability by the central bank. Independence Does Not Mean ‘No Oversight’ “Of course he’s committed to the...

BlackRock Inc (NYSE:BLK) executive Rick Rieder has reportedly made it to the list of finalists for the job of Federal Reserve Chairman. Rieder's Fed Interview With Trump Panel Rieder, the chief investment officer of global fixed income at BlackRock, was interviewed in the Oval Office by...

President Donald Trump says he plans to sue JPMorgan Chase (NYSE:JPM) for the abrupt closure of his accounts in the aftermath of the Jan. 6, 2021, Capitol riot. Trump has accused the banking behemoth of “incorrectly and inappropriately DEBANKING” him subsequent to the January protest....