5 Revelations From Chair Powell's Semiannual Congressional Testimony
Fed Chair Powell discusses 2024's 2.5% GDP growth, easing inflation, rate cuts, regulation shifts, stablecoin oversight, and ...
Fed's Dallas CEO Logan discusses inflation, banking regulation, and discount window
Lorrie Logan, the President and CEO of the Federal Reserve Bank of Dallas, delivered a speech today at the 159th Assembly for ...
Week Ahead for FX, Bonds: Fed Minutes, PMI Data in Focus; RBA Likely to Cut Rates
Minutes from the Federal Reserve’s January meeting will be closely watched for any comments on the likely impact of President Trump’s plans for widespread trade tariffs.
How Republicans calling for smaller government could use the Fed's balance sheet to wield more power
Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
US inflation got worse with rising groceries and gasoline prices
U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and ...
Hosted on MSN7d
XRP as a potential US crypto reserve asset: Possibilities and challenges
Just as traditional reserves play a critical role in economic stability, the composition of a crypto reserve could have significant ramifications for monetary policy and international trade. Bitcoin ...
Yahoo14d
Former Federal Reserve adviser indicted and arrested for alleged espionage in dealings with China
FILE - The Marriner S. Eccles Federal Reserve Board Building is seen in Washington, Nov. 18, 2024. (AP Photo/Jose Luis Magana, File) ...
CNN14d
We do not know what exactly Elon Musk is doing to the federal government
It was OPM that first created a government-wide email system and then blasted it with an offer to millions of federal workers giving them the option to resign with pay until September. The offer ...
The New York Times14d
Elon Musk’s Team Now Has Access to Treasury’s Payments System
Democrats raised alarm this week that the Trump administration and Mr. Bessent, who was just confirmed by the Senate this week, were compromising the federal government’s payments system.
The Washington Post14d
Musk aides gain access to sensitive Treasury Department payment system
Billionaire Elon Musk’s deputies have gained access to a sensitive Treasury Department system responsible for trillions of dollars in U.S. government payments after the administration ousted a ...
Mediaite15d
Musk Aides Lock Federal Employees Out of Computer System: ‘No Visibility Into What They Are Doing’
Employees of the OPM – which operates as the federal government’s human resources department – have no access to vital information related to more than 2.2 million federal workers ...
Investopedia15d
Why Do Some People Claim the Federal Reserve Is Unconstitutional?
To get through the Panic of 1907, J.P. Morgan convinced other tycoons to join him in flooding the system with capital, helping banks and businesses survive; shortly after, the Federal Reserve was ...