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Powell Holds Rates, But Two Colleagues Dissent


The central bank published its official interest rate decision on Wednesday afternoon after a two-day meeting to deliberate U.S. monetary policy. Split at the Fed: Powell Holds, Colleagues Push Back The U.S. Federal Reserve has decided to hold rates at the 4.25-4.50% level, according to the central...

Judge Rejects Bid to Make Powell’s Interest Rate Meetings Public


The request to make Federal Open Market Committee (FOMC) meetings open to the public was made via a dubious lawsuit filed by James Fishback’s Azoria Capital. Fed’s Closed-Door Policy Upheld as Judge Blocks Public Access Request In a strange turn of events, U.S. Federal Reserve Chairman Jerome...

Trump Visits the Federal Reserve Headquarters


It’s not often that a sitting U.S. President pays a visit to the central bank, but Donald Trump is not your typical president. Trump Tours Federal Reserve in Surprise Washington Visit The last president to visit the Fed’s headquarters was George W. Bush, 19 years ago in 2006. That streak ended...

Treasury Secretary Scott Bessent Calls for Full Fed Audit


After describing U.S. Federal Reserve Chairman Jerome Powell as “a good public servant,” Bessent reiterated his call for a full internal review of the central bank’s operations. Should the Fed Face a Full Audit? Bessent Thinks So Treasury Secretary Scott Bessent says the U.S. Federal Reserve...

Cynthia Lummis Calls for Powell to Resign


Wyoming’s Republican Senator has criticized the U.S. Federal Reserve Bank over its role in Operation Choke Point 2.0, and now she’s calling for the Fed Chairman to step down. Lummis Ramps Up Pressure, Calls for Powell’s Resignation Fed Chair Jerome Powell has had a rough year. He has been taunted...

Trump Drafts Letter to Fire Fed Chair Powell, Polls GOP Support: NYT 


The New York Times reports that U.S. President Donald Trump drafted a letter firing Federal Reserve Chair Jerome Powell and showed it to House Republicans during an Oval Office meeting Tuesday night, polling them on whether he should proceed. Trump confirmed Wednesday he discussed firing Powell...

Trump Demands Fed Slash Rates by 3%—Says Powell Should Step Down


U.S. President Donald Trump is still fuming over Federal Reserve Chair Jerome Powell’s refusal to trim interest rates. Taking to Truth Social on Tuesday, Trump declared the Fed needs to slash rates in a big way—and made it crystal clear he’s not letting up. ‘Too Late’ Powell Blasted by Trump Over...

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