News

Federal Reserve Governor Kugler, part of the committee that sets interest rates, is resigning

Kugler's term was set to expire at the end of January 2026. A Biden nominee, she joined the Board of Governors in September ...

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome ...

Trump calls on Fed board to assume control if Powell refuses to lower interest rates again

Wednesday’s decision to keep rates steady wasn’t made unilaterally by Powell, but instead by all board members. Trump’s call for the board to “assume control” is already true, as the board already has ...

Ignoring Trump’s demands, Federal Reserve stands pat on interest rates

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
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Trump calls for Federal Reserve to pull control from Jerome Powell

President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal ...

Judge rails against last-minute bid by Trump ally to open Federal Reserve interest rate meetings to the public

A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for ...