Sen. Elizabeth Warren (D-Mass.) said the Senate should halt all of President Trump’s nominees to the Federal Reserve because of the Department of Justice (DOJ) probe into Federal Reserve Chair Jerome Powell, arguing it threatened the independence of the central bank. She also argued Trump is seeking to put a “sock puppet” in place of…
Former Federal Reserve Chair Janet Yellen on Monday criticized the federal investigation into the central bank and Chair Jerome Powell. “I find it extremely chilling for Fed independence,” she told CNBC’s Sara Eisen. Powell, who succeeded Yellen in 2018, confirmed the inquiry late Sunday evening. The Fed chair said the Department of Justice (DOJ) served…
The success or failure of what transpires in Venezuela will be determined by what happens there.
Tariff dividends have been teased for months. Could we receive $2,000 checks soon?
Sen. Lindsey Graham (R-S.C.), a foreign policy hawk and a close ally of President Trump, made a direct appeal to the president to kill Iran’s Supreme Leader Ayatollah Ali Khamenei amid the country’s brutal crackdown on anti-government protests. In an interview on Fox News’s “Sunday Morning Futures,” the senator praised Trump for siding with “the…
“If the Federal Reserve loses its independence, the stability of our markets and the broader economy will suffer,” warned Sen. Lisa Murkowski (R-Alaska).
The previous three chairs of the Federal Reserve slammed the Department of Justice’s probe into the central bank and Chair Jerome Powell on Monday. Alan Greenspan, Ben Bernanke and Janet Yellen were among 13 economic officials that served under Republican and Democratic presidents to sign on to a statement calling the inquiry into the Fed…
Sen. Lisa Murkowski (R-Alaska) called for a congressional investigation into the Justice Department after the Trump administration announced a probe into the Federal Reserve, calling the move an attempt to coerce the central bank to lower rates. Murkowski said she spoke with Federal Reserve Chair Jerome Powell on Monday morning and threw her weight behind…
Stocks of credit card companies are dropping after President Donald Trump threatened moves that could eat into their profits.
Sen. Chris Murphy (D-Conn.) said on Sunday he thinks President Trump has committed more impeachable offenses in his second term than he did during his first, when he was impeached twice. In an interview on NBC News’s “Meet the Press,” Murphy declined to say whether he thinks the House should consider impeachment if Democrats take…
Republican Sen. Roger Marshall (Kan.) is questioning the value of a criminal investigation by the Department of Justice into whether Federal Reserve Chair Jerome Powell lied to Congress when he testified about building renovations, arguing “we’ve got bigger issues” to tackle. Asked during an interview with Fox Business’s Maria Bartiromo early Monday whether the Justice…
Former late-night comic David Letterman blasted his old network over a shift in its news coverage during the first year of President Trump’s second term. “By the way, what about those idiots at CBS?” Letterman said as part of a video posted to his YouTube channel, a medium he has used to comment on current…
President Trump denied any involvement in a Justice Department probe into Federal Reserve Chair Jerome Powell after a criminal inquiry was made public Sunday. The investigation has sparked strong pushback from Democrats and some Republicans, who characterized the move as an attack on the Fed’s independence. Meanwhile, all eyes have turned to Iran as Trump…
The U.S. shouldn’t use other countries as a “pretext” to pursue its interests in the semiautonomous region of Denmark, said a Chinese Foreign Ministry spokesperson.
The White House has an uphill battle in selling its actions in Venezuela to the American people, but it should not be an impossible task.
President Trump’s motorcade was rerouted on Sunday after a “suspicious object” was discovered at Palm Beach International Airport (PBI). The U.S. Secret Service (USSS) discovered the object during advance sweeps at the president’s usual airport in Florida, prompting the motorcade to take a different route than usual to get to the airport, taking a circular…
Senate Democratic Leader Chuck Schumer (N.Y.) is accusing President Trump of “bullying” the Federal Reserve with criminal subpoenas, echoing an allegation Fed Chairman Jerome Powell made in a video statement Sunday. “Donald Trump’s assault on the Fed’s independence continues, threatening the strength and stability of our economy,” Schumer said in a statement. “This is…
Republican Sen. Thom Tillis (N.C.), a senior member of the Senate Banking Committee, is questioning the “credibility” of the Department of Justice’s (DOJ) investigation of Federal Reserve Chairman Jerome Powell and threatening to oppose President Trump’s nominees to the central bank until the matter is resolved. “If there were any remaining doubt whether advisers within…
President Trump said on Sunday that he doesn’t “know anything” about the Department of Justice (DOJ) probe into Federal Reserve Chair Jerome Powell. In a brief interview with NBC News, Trump denied knowledge of the criminal investigation while repeating his frequent criticism of Powell, specifically pointing to ongoing renovations at the two Fed buildings. “I…
The United States is supposed to be different, but Trump sees the world as an extension of himself — a place where bullies gain wealth and power by mistreating others and controlling them with fear.
The onetime Trump White House chief strategist has, however, called “bulls**t” on the report by Axios.
It’s unclear exactly why the president posted the picture online.
The president again lobbed insults at one of the women who covers him.
“You gotta end this,” the longtime Trump ally urged the president.
The social media post was hauntingly familiar, said critics.