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Fed, Trump and Powell

Investopedia on MSN · 17h

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 · 21h

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.

Bloomberg on MSN · 12h

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.

Musk, Trump and Cutting Contracts

The New York Times · 12h

Trump Has Options to Punish Musk Even if His Federal Contracts Continue

The president could tighten federal oversight of the tech titan’s businesses, even if heavy reliance by the Pentagon and NASA on them makes terminating Mr. Musk’s contracts less feasible.

Trump threatens to cut contracts to Musk's companies like SpaceX

President Trump is threatening to cut government contracts for Elon Musk's companies amid their feud. SpaceX and Starlink have received billions from the federal government. New York Times Investigative Reporter Eric Lipton joins Katy Tur to explain why it's "not really possible" for Trump to do this.

Bloomberg on MSN · 12h

Trump Gives Musk Silent Treatment, Will Consider Cutting Contracts

President Donald Trump said he had no plans to speak to onetime ally Elon Musk and added that he was still looking at canceling the billionaire’s government contracts — an indication that their public feud is far from over.

12hon 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 ...

15hon MSN

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 ...

14hon MSN

Federal vs. state power at issue in a hearing over Trump’s election overhaul executive order

Democratic state attorneys general are seeking to block President Donald Trump’s proposal for an overhaul of U.S. elections ...

1hon MSN

Ohio food banks strain as Trump slashes federal aid programs

The Mid-Ohio Food Collective feeds some 35,000 families a week across the state which Donald Trump won in the last three ...

10hon MSN

Gavin Newsom threatens to cut off California's federal taxes in Trump rebuke

Gov. Gavin Newsom wasn't playing nice late Friday when he fired back at President Donald Trump's threats of taking away ...

1don 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 ...

2don MSN

New Federal Employees Must Now Write Essays Praising Trump's Policies

A new "merit hiring plan" from the Office of Personnel Management asks candidates how they will advance Trump's policy agenda ...

1don MSN

Fed’s Kugler looks to hold rates steady as she warns of higher inflation from Trump's tariffs

Federal Reserve governor Adriana Kugler warned Thursday she sees the risk of higher inflation from tariffs, and supports ...

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