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Trump, Federal Reserve and Powell

Bloomberg on MSN · 1d

Trump Pressures Fed’s Powell to Cut Rates ‘A Full Point’

President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.

Investopedia on MSN · 1d

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 point.The Fed, which operates independently of White House control, has resisted Trump's call to lower interest rates.

CNBC on MSN · 2d

Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report

An increase in the number of U.S. jobs that was higher than expected makes it unlikely that the Federal Reserve will cut interest rates soon.

Trump, California and federal taxes

CNN on MSN · 1d

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 as soon as Friday, according to multiple sources.

The Washington Post on MSN · 16h

Trump administration weighs broad cancellation of California funding

Trump’s team is asking federal employees to develop rationales for funding cuts to the state, including citing noncompliance with the president’s executive orders.

POLITICO on MSN · 1d

Newsom floats withholding federal taxes as Trump threatens California

Gov. Gavin Newsom on Friday suggested California consider withholding tens of billions in annual federal tax dollars amid reports Donald Trump is preparing funding cuts targeting the state. Newsom’s suggestion came after CNN reported the president was considering a “full termination” of federal grant funding for California’s universities.

2h

Trump Confirms Imminent Fed Decision—Bitcoin And Crypto Brace For Huge Price Earthquake

Trump has confirmed decision on the next Federal Reserve chair will be coming out soon, priming the bitcoin price and crypto ...

19h

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.

5h

Trump Cuts Leave Few Caretakers for a Massive Federal Art Collection

The shrunken staff remains responsible for the 26,000 artworks entrusted to the General Services Administration that are ...

1don MSN

Trump says decision on Fed chair will be out soon

President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that ...

2don MSN

Trump threatens to cut off Elon Musk's federal subsidies. That could cost Tesla and SpaceX billions.

"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a ...

2d

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.

1don MSN

Former federal inmate pardoned by Trump tapped as Bureau of Prisons deputy director

Joshua J. Smith, a Tennessee businessman whom the president pardoned during his first term, now advocates for inmate ...

2don MSN

Federal Judge Pauses Trump’s Effort To Ban Entry Of Harvard’s International Students

President Donald Trump signed an order blocking the entry of Harvard’s international students into the U.S., citing national ...

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