Trump repeated his call for lower rates after the investigation became public. “Jerome ‘Too Late’ Powell should cut interest rates, MEANINGFULLY!!!” Trump said in a social media post on Tuesday. The probe appears to center on Powell’s testimony to Congress last year about a multi-billion-dollar office renovation project.

(The Hill) — President Donald Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to ...

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026.

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a new leader. The Federal Open Market Committee (FOMC), the ...

The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in Washington, D.C. Federal Reserve Chair Jerome Powell said in a statement

Crypto markets slide as Federal Reserve rate cut in January odds fade. Bitcoin, Ethereum, and XRP face pressure amid steady rate expectations.

Bitcoin (BTC) held steady near $88,000 on Thursday after a volatile session that saw prices briefly surge toward $90,000, fueled by optimism that U.S. President Donald Trump’s incoming Federal Reserve Chair will push for steep rate cuts. Trump said he ...