Federal Reserve, Jerome Powell and Trump administration
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U.S. president Donald Trump has helped spur the crypto market higher, pointing to its success as why the Federal Reserve should “rapidly” lower interest
The university is expected to pay a multimillion-dollar settlement to victims of alleged civil rights violations and implement changes to its diversity, equity and inclusion policies.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has already raised doubts about their credibility.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
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U.S. District Judge Joseph LaPlante issued a preliminary injunction against Trump's birthright citizenship ban, ruling that deprivation of citizenship would create irreparable harm.
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The Texas Tribune on MSNTrump defends federal government’s response to Hill Country floods during Texas visitWASHINGTON — President Donald Trump and Texas lawmakers on Friday defended the federal government’s response to the deadly July Fourth flooding in Central Texas, claiming that aid was quickly dispatched to reeling communities after the floodwaters swept through.
The U.S. Supreme Court on Tuesday cleared the way for Donald Trump's administration to pursue mass government job cuts and the sweeping downsizing of numerous agencies, a decision that could lead to tens of thousands of layoffs while dramatically reshaping the federal bureaucracy.
President Donald Trump slammed a pair of Democratic lawmakers for introducing a bill that would require ICE and CBP agents to not wear face masks.