President Trump criticized the previous chairman for the exorbitant costs of construction and timeframe overruns. After the Federal Reserve’s Office of Inspector General (IG) released a report highlighting…
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President Trump Responds to August Employment Numbers
He also addressed the Stock Market, which went down after the strong employment numbers were announced. President Donald Trump responded to the August jobs numbers released by the…
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DOJ and FBI Seize Platforms of Chinese State-Sponsored Hackers
Agencies combat Chinese company accused of hacking into American software. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) announced the court-authorized domain seizures of two Chinese-sponsored hacking platforms, QScan and QTRouter, that…
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Michael Horowitz, Inspector General, Federal Reserve Board
Michael Horowitz, Inspector General, Federal Reserve Board
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Labor Department Reports Drop in Unemployment Benefit Applications
The Federal Reserve maintained current interest rates as the unemployment rate and layoffs are at historical lows. The Labor Department’s Bureau of Labor Statistics reported that applications for…
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Kevin Warsh, Chair of the Federal Reserve
Kevin Warsh, Chair of the Federal Reserve
Read MoreU.S. Employment Growth Surpasses Expectations in May
Labor market adds 172,000 jobs as unemployment holds steady and wage growth slows. The Bureau of Labor Statistics released data showing that the U.S. economy added 172,000 nonfarm…
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Labor Department Reports Lowest Weekly Unemployment Numbers in Over 5 Decades
The number of U.S. jobless claims fell to the fewest since 1969. The U.S. Labor Department’s Bureau of Labor Statistics released the unemployment benefit applications April 25 that…
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The White House Responds to BLS Consumer Price Index Report
The report shows the inflation rate continuing to cool. The Bureau of Labor Statistics (BLS) issued its Consumer Price Index (CPI) report for January late last week. The…
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DOJ Subpoenas Federal Reserve Chair Over Testimony on Renovations
Senators respond with concerns over the independence of the central bank. Federal Reserve Chair Jerome Powell announced that the U.S. Department of Justice (DOJ) served the central bank…
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