Chairman says, “I really want to turn this job over to whoever replaces me with the economy in really good shape.” The Federal Reserve Board met this week…
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Labor Department Releases September Jobs Report Delayed by Shutdown
The report came out nearly a month and a half late due to Congress not neglecting to fund the federal government. The Bureau of Labor Statistics (BLS) released…
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Federal Reserve Lowers Interest Rate for Second Time in 2025
The most recent CPI numbers showed a slightly lower increase in inflation than anticipated. The Federal Reserve reduced the federal interest rate by .25 percent on Wednesday. Chairman…
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Supreme Court Temporarily Halts Firing of Federal Reserve Governor Cook
The justices will hold a hearing in January 2026 to review the case. The Supreme Court did not allow President Donald Trump to immediately fire Federal Reserve Governor…
Read MoreFederal Reserve Lowers Interest Rates Slightly as Unemployment Increases
Chairman Powell says no paths are “risk-free,” and that the correct move is “not incredibly obvious.” The Federal Reserve lowered interest rates by a quarter of a percentage…
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Appeals Court Blocks Firing of Fed Governor Lisa Cook
Issues an emergency ruling stating the government must follow due process. The D.C. Court of Appeals issued an emergency ruling on Monday that determined President Donald Trump cannot…
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DOJ Issues Subpoenas Regarding Federal Reserve Governor
Take first steps into investigation into mortgage fraud. The Department of Justice (DOJ) has launched an investigation into allegations of mortgage fraud by Federal Reserve Governor Lisa Cook.…
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Treasury Secretary says President Considering Housing Emergency Declaration
The housing prices, as well as the mortgage rates, have contributed to high costs. Treasury Secretary said this week that President Trump is exploring how best to address…
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House Finance Committee to Review Allegations Against Fed Governor
The chairman calls the allegations “serious“ as the Federal Reserve official has been criminally referred to the Justice Department. The House Financial Services Committee announced that it would…
Read MoreFHFA Director Sends 2nd Criminal Referral to DOJ for Fed Governor Cook
The Federal Reserve official mortgaged a Massachusetts residence as her “second home” in 2021. Federal Housing Finance Agency Director William Pulte sent a second criminal referral to the…
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