Fed's Powell heads back to Congress as data shows inflation jump in January
Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...
‘People are just flipping out’: Billions in federal funding remain frozen despite court orders to keep the taps open
Federal agencies across Washington are finding ways to keep funding frozen even after judges last month temporarily blocked ...
Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Warren: Only Congress — not Trump or Musk — can 'get rid of the CFPB'
Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...
Judge allows Trump to proceed with federal buyout
A federal judge says he will continue to pause the Trump administration's federal employee buyout offer until he issues a ...
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives ...
Congress must push back against administration’s unilateral moves to usurp powers
President Donald Trump’s executive order establishing a “department of government efficiency” (DOGE) to downsize government ...
When is Presidents Day in 2025? What is open and closed in Hornell area on federal holiday
City of Hornell: City Hall will be closed on Feb. 17, 2025 for Presidents’ Day. Hornell Public Library: The library will be ...
Unions sue Trump, fearing mass firings of federal employees
In a complaint filed in Washington, D.C. federal court, the unions accused the White House and others in the Executive Branch ...
Democrats in Congress Will Soon Be Able to Actually Do Something to Pressure Trump
Funding for the government expires on March 14. Republicans will need Democratic votes to keep the government open. They’ll ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.