Fed, Trump
Digest more
Good morning, Coastal Bend! Here's a look at the 6 things you need to know before you walk out the door this Wednesday morning.
Treasury Secretary Scott Bessent alleged Wednesday at the World Economic Forum (WEF) that referred Federal Reserve Chairman Jerome Powell has recently been “politicizing” the central bank by […]
Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace won't be easy, economists say.
Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in a world where trade will continue to flow and international cooperation is still badly needed.
While Jay Powell’s current four-year term as Fed Chair ends in May 2026, his appointment as a Fed Governor does not expire until January 2028. Although normally a Fed Chair leaves the Fed Board when their leadership position ends, they don’t have to. There is precedent for others who have remained on the board.