Trump, Supreme Court and Federal Reserve
Digest more
15hon MSNOpinion
Legal Newsletter looks at a Supreme Court order that, according to the dissent, made "new law" on presidential power.
Hosted on MSN2mon
Trump’s crypto reserve: 5 coins the president says will be in it and what to expect nextOn March 2, President Donald Trump announced plans to form the United States’ first strategic cryptocurrency reserve (SCR). Trump shared the news on his social media platform Truth Social ...
President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shift away from the independence of the central bank.
Opinion: Cato Institute fellow and former member of Congress Jeb Hensarling says the president should seize on bipartisan support for stablecoin legislation to protect the value of the dollar globally.
The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce the size of the federal workforce despite the agency’s independence from the executive branch.
The president says a third term is "not something I'm looking to do," and the U.S. economy is in a "transition period."
A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the heads of its regional banks who worry it will be hard to agree on a common outlook and risks further confusing the public.
For more than 70 years, presidents have tried to sway the Federal Reserve to keep interest rates low. Only Richard M. Nixon succeeded, quietly pressuring the central bank for low rates ...