130 articles
President Trump is threatening to fire Fed Chair Jerome Powell over a renovation probe, creating a political stalemate. Senator Tom Tillis is blocking Trump's nominee, Kevin Warsh, until the investigation concludes. Warsh himself faces scrutiny over his vast personal wealth, estimated between $135-226 million, raising conflict of interest concerns.
Former President Donald Trump issued a strong ultimatum to Federal Reserve Chair Jerome Powell, threatening to fire him over perceived incompetence and excessive spending on a building project. Trump also expressed support for lowering interest rates and the confirmation of Kevin Warsh.
A new Federal Reserve report links Donald Trump's trade wars to increased inflation since January 2025. Economists claim prices would have fallen to pre-pandemic levels without these tariffs. This finding highlights the significant consumer cost of protectionist trade policies.
Senator Rand Paul argues that interest rates should be set by market supply and demand, not the Federal Reserve. He warns against policies that could worsen inflation, drawing parallels to the 1970s. The discussion also touches on Fed nominations and leadership.
Inflation has surged to 3.3%, driven by a combination of energy shocks and self-inflicted tariffs. The Federal Reserve's tools are largely ineffective against this supply-driven crisis, leading to a potential for prolonged economic pain and a political opportunity to rethink economic policy.
Former Treasury Secretary Hank Paulson warns that Artificial Intelligence could lead to tens of millions of job losses. He also discusses persistent inflation, potential AI market corrections, and the critical U.S.-China economic relationship.
Kevin Warsh's nomination to the Federal Reserve faces a potential boost as he clears a financial hurdle, but ongoing investigations into Fed Chair Jerome Powell cast a shadow over the confirmation process. Discussions also cover cryptocurrency regulation and the critical need for Homeland Security funding.
The U.S. has implemented a blockade on the Strait of Hormuz following failed peace talks with Iran. President Trump aims to cut off Iran's revenue and prevent its nuclear ambitions. Senator Bill Hagerty discussed the geopolitical implications and the U.S.'s economic pressure campaign.
The Federal Reserve may restart quantitative easing (QE) to combat rising oil prices, potentially increasing its $9 trillion balance sheet. This move aims to inject money into the economy but carries the risk of worsening inflation.
Markets are showing resilience, looking past geopolitical tensions with Iran to focus on economic growth. Analysts remain optimistic about growth prospects despite some skepticism on high-end forecasts. Key inflation and interest rate data are closely watched.
