Tag Archives: reserve

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. August 15, 2025 Federal Reserve Board announces it will sunset its novel activities supervision program and return to monitoring banks’ novel activities through the normal supervisory process For release at 12:00 p.m. EDT …

US Treasury Secretary Bessent says government won’t buy bitcoin for strategic reserve but will retain seized assets as crypto markets see red  The Block Bitcoin sinks following hotter-than-expected inflation print, Bessent comments on strategic reserve  Yahoo Finance Treasury secretary clarifies Trump administration’s crypto plans  Axios Bitcoin News (BTC): Strategic Reserve Purchases May Still Be in Play  CoinDesk Bitcoin Drops to $117K After US Treasury …

WASHINGTON (AP) — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in September: Which is a bigger problem for the economy right now, stubborn inflation or slower hiring? Weak job gains since April have pushed some officials toward supporting …

U.S. President Donald Trump speaks next to Federal Reserve Chair Jerome Powell during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to go forward, dramatically escalating his …

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help …

Facebook Tweet Email Link Washington  —  President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential. Plans for picking the next Fed chair are already taking shape. Trump on Thursday nominated White House economist Stephen Miran to temporarily fill a vacant seat on the Fed’s …

Trump will nominate White House economic adviser Stephen Miran to vacant Federal Reserve board seat  The Washington Post Trump Live Updates: News on the Fed, Admissions Data, New Census and Putin Meeting  The New York Times Trump to nominate economic advisor Stephen Miran to be new Fed governor, replacing Kugler  CNBC Trump taps White House economist Stephen Miran to fill Fed vacancy on …

Revaluing Fort Knox’s gold to fund a strategic bitcoin reserve or pay down the national debt is no longer unthinkable. Bettmann Archive Gold is up more than 40% in the past year, from under $2,400 an ounce to over $3,400. Meanwhile, the national debt is approaching $37 trillion. That’s helped revive an idea long dismissed as fringe: revaluing the government’s …

Aug. 2 (UPI) — One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week, creating an opening for President Donald Trump to fill. Her term was set to expire in January but Kugler said Friday she will depart in seven days. President Joe Biden appointed Kugler, a 55-year-old labor …

Washington — Federal Reserve governor Adriana Kugler will step down early from her post on the central bank’s board, the Fed announced Friday, creating an open position for President Trump to fill. The vacancy comes at a critical time for Mr. Trump, who has pressured the Fed to cut interest rates. Kugler’s replacement will sit on a 12-member committee that …