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Fed, Congress and Jerome Powell
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 congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.
What To Expect From Fed Chair Powell's Testimony To Congress This Week
Key Takeaways Federal Reserve Chair Jerome Powell will testify to Congress Tuesday and Wednesday, where he will discuss the state of the Federal Reserve's battle against inflation.Powell could also face scrutiny from Republican allies of influential White House advisor Elon Musk,
Watch: Fed Chairman Jerome Powell testifies in Congress with tariffs looming
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial industry.
7h
‘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 ...
4h
Trump’s Federal Worker Buyout Pause Lifted: Here’s What To Know As 75,000 Workers Accept Offer
Around 75,000 workers have reportedly taken the offer so far. That represents about 3% of those who were offered the deal—a ...
Education Week
2h
Linda McMahon Says Trump Can’t Eliminate Ed. Dept. Without Congress
Eliminating the education department wouldn't mean reducing funding for schools, Trump's education secretary nominee said.
1h
on MSN
In Congress, what’s the difference between a budget resolution, reconciliation and spending bills?
There’s understandable confusion over Capitol Hill lingo discussing the budget process and appropriations/spending process — ...
1h
Some Tenants Could Get Only One Day’s Eviction Notice, Under Federal Bill
Landlords around the United States would be allowed to give tenants three days’ notice or less before evicting them, under ...
38m
on MSN
Gov. Shapiro files lawsuit over Trump administration’s federal funding freeze
Pennsylvania Gov. Josh Shapiro announced Tuesday that he has pursued legal action over the Trump administration’s freeze on federal grants and loans.
5h
on MSN
What to Know About the Federal Workforce Under Trump
Since Trump began his second term, he has focused on dramatically reducing the federal workforce at a breakneck pace.
12h
Live updates: Judge unfreezes Trump’s federal buyout plan; Tulsi Gabbard sworn in as intel chief
Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...
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