Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from US Federal Reserve

‘Agent of chaos’ Bill Pulte and Jeanine Pirro behind DOJ investigation of Fed Chair Jerome Powell, report claims

Chairman has dismissed probe as a political attack brought about because he refuses to lower interest rates in line with ‘the preferences of the president’

The Independent UK

Consumer prices likely stayed elevated in December as data recovers from shutdown

Inflation likely remained elevated last month as the cost of electricity, groceries, and clothing may have jumped and continued to pressure consumers’ wallets

The Independent UK

Bessent unhappy with Justice Department’s criminal probe into Jerome Powell: report

Scott Bessent believes the Department of Justice has ‘made a mess’ with its unprecedented investigation into the Fed chair, according to insiders

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Asian shares mostly rise and Tokyo hits a record, tracking fresh highs on Wall Street

Asian shares have mostly gained led by a rally in Japan after Wall Street hit more records

The Independent UK

DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake

The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank.

The Conversation

End the Fed? Or Turn It Over to Trump?

Plus: ICE shootings divide the country, the Iran uprising intensifies, and California targets billionaires with a wealth tax

Reason

Stunned Republicans tread carefully on DOJ's Powell investigation

"We need this like we need a hole in the head."

Axios

Read news from The Economist, FT, and more,
with one subscription

Is Powell’s Fed head independence dead? It's just one more diversionary trick as Trump outfoxes himself

You know what we're not talking about amid the latest Fed dustup? Trump's awful polling numbers, even among his own supporters.

Fortune

Jerome Powell says DOJ served him with subpoenas, claims it’s really about one thing Trump wants

Trump just did something no president has ever done to the Fed.

We Got This Covered

Trump's War on Interest Rates

No one likes high interest rates on credit cards and loans, but artificially lowering interest rates via executive power is not a solution.

Reason

Stocks Recover as Data Storage Companies and Chip Makers Rally

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.08%. March E-mini S&P futures (ESH26 ) rose +0.16%, and March E-mini Nasdaq futures...

Barchart

Stocks Climb Wall of Worry to Hit New Highs: Stock Market Today

The Trump administration's threats to Fed independence and bank profitability did little to stop the bulls on Monday.

Kiplinger

Dollar Falls and Precious Metals Surge on Concerns Over Fed Independence

The dollar index (DXY00 ) on Monday fell by -0.27%. Threats to Fed independence hammered the dollar on Monday after Fed Chair Powell said the Justice Department's threat of criminal charges against the Federal Reserve over his June testimony on Fed headquarters renovations is the consequence of the Fed not...

Barchart

This Gold Stock Is Winning on the Back of a So-Called ‘Sell America’ Trade

Alamos Gold (AGI) is trading at a new all-time high on Monday, and shares are up more than 118% over the past 52 weeks. AGI is benefiting from gold (GCG26) hitting new record highs on Monday. Some experts are calling the recent price action part of a “Sell America” trade...

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times

Mike Johnson Defends Trump DOJ's Probe Into Jerome Powell As Republicans Break Rank to Condemn Charges

House Speaker Mike Johnson defended the Trump administration's controversial decision to investigate Federal Reserve chair Jerome Powell.

The Guardian - US

Why is Trump’s justice department investigating Fed chair Jerome Powell?

Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates

International Business Times

Republican Senator Calls Out Trump For Attempted Coercion, Siding With Jerome Powell

Republican Senator Lisa Murkowski criticized the Trump administration on social media for its investigation into Federal Reserve chair Jerome Powell.

Axios

Scoop: Bessent told Trump that investigation of Fed chair creates a "mess"

"The secretary isn't happy, and he let the president know," one source familiar with Bessent's call to Trump told Axios.

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

Republicans slam Powell probe as ‘coercion’ as Trump tries strong-arming central bank

GOP pushback could imperil Trump’s efforts to remake the central bank’s board in his own image

The Guardian - UK

US bond markets should be in revolt. Fed independence matters

It is a perilous time to mess with the principle that rate-setters under an independent system should be free of political pressure

The Guardian - US

Trump’s attempt to control Fed ‘undermines America’, Elizabeth Warren warns

Senator condemned president’s bid to weaken central bank’s independence and examined Democrats’ future

Salon

Fed chair turns whistleblower on Trump

The Justice Department's legal action against Powell for maintaining Fed independence could backfire on Trump

Kiplinger

How Worried Should Investors Be About a Jerome Powell Investigation?

The Justice Department served subpoenas on the Fed about a project to remodel the central bank's historic buildings.

Evening Standard

Miners drive FTSE 100 up despite Fed probe worry

The FTSE 100 index closed up 16.10 points, 0.2%, at 10,140.70.

Axios

Bill Pulte: How Trump's housing regulator became an attack dog

Pulte has been putting the pressure on Jerome Powell for months.

1 … 82 83 84 85

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

the Justice Department

the Department of Justice

1,164 stories

Department of Justice

1,126 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.