Tag Archives: Feds

Just hours after the Trump administration moved to extend U.S. Atty. Bill Essayli’s term as Los Angeles’ top federal law enforcement official, prosecutors moved to dismiss charges in a pair of controversial criminal cases, including one involving a donor to the president. In a motion filed late Tuesday, federal prosecutors sought to dismiss an indictment accusing Andrew Wiederhorn, former chief …

By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday it’s too soon to say whether the central bank will cut its interest rate target in September, as financial markets expect. “We have made no decisions about September, we don’t…do that in advance,” Powell said at the press conference following the latest Federal Open Market Committee meeting. He …

Federal Reserve Chair Jerome Powell (holding up hard hat) speaks with the construction manager during a tour of renovations at the Federal Reserve in Washington, D.C., on Thursday. At left is President Trump, and between Trump and Powell is the director of the Office of Management and Budget, Russell Vought. Andrew Caballero-Reynolds/AFP via Getty Images hide caption toggle caption Andrew …

Asian Shares Mixed at Open Before Fed’s Meeting: Markets Wrap  Bloomberg.comView Full Coverage on Google News Source link

Key Takeaways Despite President Donald Trump’s persistent pressure, the Federal Reserve isn’t expected to cut interest rates in its meeting this week. Central bankers have said they are waiting to see how tariffs will move through the economy before they make any cuts. However, some Fed officials are diverging from the “wait-and-see” approach. The Federal Reserve won’t lower interest rates …

Key Takeaways Despite President Donald Trump’s persistent pressure, the Federal Reserve isn’t expected to cut interest rates in its meeting next week. Central bankers have said they are waiting to see how tariffs will move through the economy before they make any cuts. However, some Fed officials are diverging from the “wait-and-see” approach. The Federal Reserve won’t lower interest rates …

Don Van Natta Jr. Close Don Van Natta Jr. ESPN Senior Writer Host and co-executive producer of the new ESPN series, “Backstory” Member of three Pulitzer Prize-winning teams for national, explanatory and public service journalism Author of three books, including New York Times best-selling “First Off the Tee: Presidential Hackers, Duffers, and Cheaters from Taft to Bush” 24-year newspaper career …

At the Fed’s Banking Conference, Sam Altman, Capital Rules and Avoiding the Powell Drama  The Wall Street Journal Opening remarks by Chair Powell at the Integrated Review of the Capital Framework for Large Banks Conference  Federal Reserve Board (.gov) Powell under siege as Fed conference kicks off  The Hill Banks Ready Fresh Push Against Tighter US Capital Rules  Bloomberg Pres. Trump Hosts Israeli PM …

By Trevor Hunnicutt and Andrea Shalal WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell is a “numbskull” who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday. “I think he’s done a bad job, but he’s going to be out pretty soon anyway. In eight …

Treasuries Slip With Fed’s Powell Set to Speak on Regulation  Bloomberg.com Stock Market Today: S&P 500, Nasdaq Slip; GM, RTX Earnings in Spotlight — Live Updates  The Wall Street Journal Bessent says Powell doesn’t need to resign but should conduct internal review  CNBC Trump admin live updates: Bessent says there’s no reason for Fed chair to resign  ABC News Bessent disses ‘leakers’ after Wall …