News

Trump urges Federal Reserve to slash interest rates by a full percentage point
The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...
Trump Wants the Fed to Cut Interest Rates by a Full Point. That Normally Takes a Recession
Key TakeawaysPresident Donald Trump demanded the Federal Reserve lower its benchmark interest rate by an entire percentage ...
Trump's 'Big, Beautiful Bill' Will Add $2.4 Trillion in Debt, CBO Predicts—as President Again Calls for Fed Chair Jerome Powell To Lower Rates
The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.
Trump preparing wide-scale cancellation of federal funding from California universities
California officials on Friday braced for what they believe is a significant escalation in President Donald Trump‘s efforts ...
Fed should cut interest rate by a full point, Trump says
The U.S. Federal Reserve should cut interest rates by a full percentage point, President Donald Trump said on Friday as he ...
Jobs Report Bolsters Fed’s Patient Approach on Rate Cuts, Drawing Trump’s Ire
President Trump said his pick for the next Federal Reserve chair was coming soon as he stepped up his attacks on Jerome H.
Judge blocks Trump admin's move to withhold certain federal funding from Denver
A federal judge moved to grant a preliminary injunction blocking the Trump administration from pulling federal grants from ...
Trump preparing large-scale cancellation of federal funding for California, sources say
The Trump administration is preparing to cancel a large swath of federal funding to California, an effort which could begin ...
Steve Bannon calls for federal investigation into Musk after split with Trump
Steve Bannon told CBS News he wants the Trump administration to probe alleged drug use by Elon Musk, and his immigration ...