The Federal Reserve’s Inspector General announced Wednesday it is examining how the central bank’s Board of Governors reappoints regional Fed presidents and their deputies to five-year terms. The watchdog said in a press release it is assessing whether the Washington-based board’s reappointment pro»»»

close Video NEWYou can now listen to Fox News articles! As political pressure and legal scrutiny intensify, Federal Reserve Chair Jerome Powell has made clear what would force him to step down. Powell, who holds one of the most influential posts in U.S. economic policymaking, has made clear he won’»»»

Photo credit- AP The US Justice Department’s threat to criminally indict Federal Reserve Chair Jerome Powell has triggered a fresh confrontation between the White House and the central bank, intensifying concerns over the Fed’s independence and the direction of US monetary policy.The subpoenas, ser»»»

Trump's $2,000 stimulus check proposal is back in focus after an update from economic adviser Kevin Hassett, who stated congressional approval is necessary. President Donald Trump’s proposal to issue $2,000 stimulus checks to Americans has come back into focus after a key update from one of his top»»»

Authored by Steve Watson via Modernity.news, A gaggle of fake news reporters gathered around President Tump aboard Airforce One Sunday as he traveled back to Washington D.C. after the Thanksgiving weekend, and he let them all know exactly what he thought of them. Trump dropped several truth bombs a»»»

Agencies The longest federal government shutdown in US history appears to be nearing an end, but not without leaving a mark on an already-strugglingeconomy. About 1.25 million federal workers haven’t been paid since October 1. Thousands of flights have been canceled, a trend that is expected to con»»»

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal workers haven't been paid since Oct. 1. Thousands of flights have been canceled, a trend that is expected to continue thi»»»

The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal workers haven't been paid since Oct. 1. Thousands of flights have been canceled, a trend that is expected to continue thi»»»

WASHINGTON, Oct 7, 2025 (BSS/AFP) - US interest rates are in a good place for the Federal Reserve's inflation fight, a senior central bank official said Monday, pushing back against President Donald Trump's calls for cuts. "Overall, given the state of the economy and financial markets, I view the c»»»

The Fed has a dual mandate from Congress to act independently to tackle both inflation and unemployment. (File pic) WASHINGTON: US interest rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said Monday, pushing back against President Donald Trump’s »»»

WASHINGTON  —The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to concerns about weakness in the job market in a m ... »»»

The Fed Cuts Interest Rates Amid Market PressureThe US Central Bank's move to lower its benchmark interest rate by 25 basis points has still caused disappointment among investors. WASHINGTON DC, WEDNESDAY - The central bank of the United States, or The Fed, has finally lowered the benchmark interes»»»

WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday (Sep 17) and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to signs of weakness in the job market in a move that won broad internal support, inc»»»

WASHINGTON, Sept 12 — President Donald Trump’s administration on Thursday asked a federal appeals court to let Trump remove Federal Reserve Governor Lisa Cook for now, a move Cook’s lawyers said could cause market turmoil with the central bank set to meet next week to decide on interest rates. Trum»»»

Add TNIE As A Trusted Source WASHINGTON: A federal court ruled Tuesday that embattled Federal Reserve Governor Lisa Cook can ... »»»

ARLINGTON, Virginia: US Treasury Secretary Scott Bessent said on Monday the Federal Reserve is and should be independent but said it had “made a lot of mistakes” and defended President Donald Trump’s right to fire Fed Governor Lisa Cook over allegations of mortgage fraud. Trump has criticized the F»»»

Federal Reserve governor Lisa Cook has sued President Trump, who had ordered her removal from office. The suit was widely expected, because Cook had already said she would not resign and had questioned the president's authority to fire her. In a social media post earlier this week, Trump said he wa»»»

See all topics Link Copied! Follow For months, they say, they were beaten by prison guards, shot with pellets, deprived of adequate medical care and denied any due process inside El Salvador’s Center for Terrorism Confinement. “(The guards) tortured us physically and psychologically,” said José Mor»»»