Trump, California National Guard and Federal court
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Scott Bessent, the intrepid U.S. Treasury Secretary, once floated an idea so wild it made Wall Street spill its martini: a “shadow Fed chair.” Last October, Bessent suggested naming Jerome Powell’s successor more than a year early,
It’s also a pretty good bet the fireworks will arrive after the Fed announces its decision, assuming President Donald Trump lambastes it and Fed Chair Jerome Powell as he has done repeatedly in recent weeks.
Even if the Federal Reserve thought a window had opened for it to resume its interest rate cutting campaign, there's a risk it may now hold back, precisely because of the relentless political pressure President Donald Trump has put on it to ease policy.
In a ruling issued Monday, the judge called the government’s directives “arbitrary and capricious” and ordered funding for some of the NIH grants, including many profiled by ProPublica in recent months,
Donald Trump da un nuevo giro a su llamado para que la Reserva Federal recorte la tasa de interés: ahora afirma que es clave para reducir el costo de la deuda pública.
The Federal Reserve "hates" President Donald Trump's economic policies, according to Dario Perkins of T.S. Lombard. Trump and the Fed, especially the latter's Chair Jerome Powell, have been at loggerheads,
On Monday, a federal judge ruled that the Trump administration's decision to cancel several hundred research grants was unlawful, noting that the move raises significant concerns about potential racial discrimination.
President Donald Trump cited new inflation data in continuing to pressure Federal Reserve Chair Jerome Powell to lower interest rates, calling him a "numbskull" but adding that he won't seek to remove him.
Lawyers for Harvard had urged the court to to block Trump's efforts to revoke its credentials to host foreign students, and block foreign students from traveling to the US to study at the university.
Many critics say the administration is scrapping a nonpartisan, merit-based civil service in favor of a biased, politicized system.