Category : Search result: federal policy


Fed Holds Rates, Signals Just One Cut in 2024

Federal Reserve Chair Jerome Powell holds interest rates at a 23-year high, projecting a more cautious single cut in 2024 as US inflation proves persistent. Markets react to the hawkish stance.

Trump Administration Plots to Curb Fed Independence

Exclusive reports reveal the Trump administration is actively exploring legal avenues to exert unprecedented influence over the Federal Reserve's interest rate decisions, sparking fears of political interference in the US economy.

Trump-Appointed Fed Governor Lisa Cook Resigns

Federal Reserve Governor Lisa Cook, a historic appointee, announces her resignation effective July 15th. Her departure follows a contentious tenure marked by political attacks from Trump allies and unsubstantiated fraud allegations.

Trump's Finance Guru Tipped for Shock Fed Chair Role

Exclusive: Scott Bessent, a key Trump ally and hedge fund billionaire, emerges as the frontrunner to replace Jerome Powell as Federal Reserve Chair, signalling a potential dramatic shift in US monetary policy.

ICE recruitment drive attracts 100,000+ applicants

US Immigration and Customs Enforcement (ICE) has seen a surge in job applications after highlighting its dangerous arrests in a new recruitment campaign. Over 100,000 hopefuls have applied, signalling strong public interest in federal law enforcement role

Texas, Oklahoma Sue Biden Over Border Policies

Texas and Oklahoma escalate their battle against the Biden administration, filing lawsuits over federal border policies. The states accuse the government of failing to protect against illegal crossings, sparking a heated legal and political conflict.

Trump threatens tariffs on Fed's Powell

Former US President Donald Trump has proposed imposing tariffs on Federal Reserve Chair Jerome Powell, escalating tensions over monetary policy decisions. Experts weigh in on the potential economic fallout.

Judge blocks Trump-era TPS deportation policy

A US federal judge has halted a Trump-era policy that sought to strip Temporary Protected Status (TPS) from hundreds of thousands of migrants, calling it 'arbitrary and capricious'.

US workers get paid leave for pet care

In an unprecedented move, US federal employees can now use paid leave to care for their pets, sparking debates on workplace benefits and animal welfare.

Fed maintains interest rates amid inflation concerns

The US Federal Reserve has decided to maintain current interest rates, citing mixed economic signals and persistent inflation concerns. Analysts weigh in on the implications for global markets.

Trump Slams Fed's Powell Over Economic Policies

Former US President Donald Trump has launched a scathing critique of Federal Reserve Chair Jerome Powell, accusing him of mismanaging monetary policy. Experts weigh in on the potential economic fallout.

Judge halts Trump-era ban on Iranian immigrants

A federal judge in Oregon has halted a controversial Trump-era policy that barred Iranian nationals from adjusting their immigration status in the US. The ruling marks a significant victory for immigrant rights advocates.

Trump's Fed Chair Plan Angers Republicans

Former US President Donald Trump's controversial proposal to oust Federal Reserve Chair Jerome Powell has ignited fierce opposition from Senate Republicans, raising concerns about economic stability.

Trump Considers Replacing Fed Chair Jerome Powell

Former President Donald Trump is reportedly considering replacing Jerome Powell as Federal Reserve chair if re-elected, sparking debates over economic stability and political influence.

Trump threatens to sack Fed's Powell if re-elected

Former President Donald Trump has reignited tensions with Federal Reserve Chair Jerome Powell, hinting at a potential dismissal if re-elected. Explore the political and economic implications of this unprecedented power struggle.

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