The Fed and the US economy
Ongoing coverage of Fed rate decisions, what Fed officials say, the fight over Fed independence, and US jobs, inflation and Treasury yield data, updated daily.
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Federal Reserve
Administration
What they said
What the key figures said on the record, as reported.
Donald Trump43
Kevin Warsh38
Scott Bessent9
Kevin Hassett9
Lisa Cook5
Christopher Waller4
Neel Kashkari4Beth Hammack4
Austan Goolsbee3
Michelle Bowman2
Powell in the hot seat as Hassett calls for his resignationNational Economic Council Director Kevin Hassett called for Jerome Powell to step down from the Federal Reserve Board of Governors while discussing inflation and other issues.
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Fox News
Trump Says Powell Should Resign, FlyDubai Latest, MoreBloomberg News Now’s audio report covers the day’s top stories, including Donald Trump saying Jerome Powell should resign and the latest developments involving flydubai, alongside other global business news.
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Bloomberg News
FlyDubai Rescue Latest; Trump Calls on Powell to Resign, MoreBloomberg News Now’s audio report rounds up the day’s top stories, including the latest on the FlyDubai rescue and Donald Trump’s call for Powell to resign. The program is updated throughout the day with global business news.
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Bloomberg News
Trump calls for Powell to resign from Fed boardPresident Donald Trump said former Federal Reserve Chair Jerome Powell should be forced to resign from the central bank’s Board of Governors, citing findings that the Fed mishandled renovations to its headquarters.
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Bloomberg Television
Trump Says Powell Should Be Forced to Resign From Fed BoardPresident Donald Trump said former Federal Reserve Chair Jerome Powell should resign from the central bank’s Board of Governors after findings that the Fed mismanaged renovations to its headquarters.
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Bloomberg News
Fed’s Cook Denies Wrongdoing as Trump Renews Bid to Fire HerFederal Reserve Governor Lisa Cook again rejected unsubstantiated mortgage fraud allegations repeated by President Donald Trump. Trump is weighing a renewed effort to remove her, a move that could restart a legal fight over the central bank’s independence.
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Bloomberg News
Federal Reserve Governor Lisa Cook denounces Trump’s mortgage fraud claimsFederal Reserve Governor Lisa Cook says the Trump administration has no legal basis to remove her. Her lawyers reject Trump’s mortgage fraud allegations, arguing that an inadvertent error is not fraud and that the attacks seek to force the central bank to follow his wishes. The Supreme Court previously blocked presidents from firing Fed governors at will.
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Al Jazeera
Fed’s Cook says she is ready to raise rates if inflation does not easeFederal Reserve Governor Lisa Cook said she is open to raising the central bank’s short-term interest-rate target if inflation in the U.S. economy remains too high. She indicated that a failure for price pressures to begin easing could require additional monetary tightening. Cook’s comments leave a rate increase under consideration as the Fed responds to persistent inflation.
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Reuters
News calendar
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November 20265 related reports
- Binance hack fallout, U.S. midterms and jobs report: Crypto week aheadC
CoinDesk
- Economic frustration set to boil over in midterm electionsC
CBC News
- Fed study finds Treasury dealers’ financing burden can outlast their bond holdingsC
CryptoSlate - Tech selloff could ease pressure on the FedB
Bloomberg Television - The $40 Trillion Problem Washington Won’t Talk AboutB
Bloomberg Television