Musk is at DOL. Here’s why that may matter for inflation
A diminishment of the bureau’s effectiveness would have real – and lasting — consequences on the ability of Fed officials to adjust rates to tame inflation or preserve the labor market. The longer it ...
Buyout Titans Face Early Trump Tests, From Tariffs to Taxes
Private equity firms are facing early tests to the theory that Donald Trump’s return to the White House is a net win for ...
Morning Report — It’s bears vs. bulls in House budget debate
Gear up for the budget battle Under scrutiny, Musk defends DOGE Netanyahu threatens fragile Gaza ceasefire  Zelensky floats ...
Is there anyone in government Trump can’t fire? Why Humphrey’s Executor may be in peril at the Supreme Court
President Donald Trump’s purge at independent agencies is putting a target on a nearly 100-year-old Supreme Court precedent ...
White House official says 25% steel tariffs would stack on other levies on Canada
A White House official said late Tuesday that US President Donald Trump's planned 25% tariffs on all steel and aluminum imports would be added onto other levies on Canadian goods, resulting in a total ...
With the CFPB Being Dismantled, Who's Policing The Big Banks?
With the government's consumer watchdog agency off the job on the orders of President Donald Trump, Democratic lawmakers are ...
Powell Urges Patience on Rate Cuts. He Speaks With the House Next.
Live coverage of Fed Chair Jerome Powell's semiannual address to Congress. He spoke to the Senate on Tuesday and will speak ...
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Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Judge modifies order allowing Senate-confirmed political appointees access to payment systems
A New York federal judge modified a temporary restraining order that prevents DOGE employees from accessing Treasury payment systems ...
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White House orders Federal Executive Institute to shut down
The institute has been around since 1968 when President Lyndon Johnson established it as a senior staff college to serve super grades of the civil service.
Trump promised no new pennies — here’s how that would work
The president could promptly end the production of new pennies, but phasing out the coin would take time and mean changes at ...
'Move more rapidly'; Sen. Warren urges Fed Chair Powell to cut interest rates
"I urge you to move more rapidly to bring down interest rates, beginning with a meaningful rate cut next month," she said.