The Senate on Wednesday confirmed Kevin Warsh as the next chair of the Federal Reserve, setting up a new era at the central bank as the White House intensifies pressure for lower interest rates. Lawmakers voted 54-45 to approve Warsh in a
President Trump will host Brazilian President Luiz Inácio Lula da Silva at the White House on Thursday for a working visit focused on economic and security issues, according to a White House official. The official told The Hill that the two leaders
President Donald Trump said Wednesday that his administration will tap the U.S. Strategic Petroleum Reserve (SPR) in an effort to stabilize oil prices that have surged since the start of the U.S.-Israeli military operation in Iran. Oil markets have been volatile since
WASHINGTON — The White House this week marked one year since President Donald J. Trump returned to office, releasing a sweeping “365 wins” list that it says reflects the administration’s accomplishments across immigration enforcement, public safety, the economy, foreign policy, government reform,
President Donald Trump said this week that he is considering legal action against Federal Reserve Chair Jerome Powell, accusing him of “gross incompetence” over what the president described as runaway costs tied to renovations at the Federal Reserve’s headquarters. Speaking to reporters
Billionaire investor Ray Dalio threw his support behind President Donald Trump’s plan to establish investment accounts for children nationwide on Wednesday. Dalio announced a donation of roughly $75 million aimed at contributing $250 to investment accounts for 300,000 children in Connecticut. Trump
President Donald Trump will give an address to the nation live from the White House on Wednesday night. Trump teased the address in a statement on social media on Tuesday afternoon, saying the speech will take place at 9 p.m. ET on Wednesday. He
As millions of families gather around the Thanksgiving table this year, many are finally beginning to feel a long-awaited sense of financial relief—relief that President Donald J. Trump has been fighting tirelessly to deliver. After inheriting the worst inflation crisis in 40
New York City mayor-elect Zohran Mamdani said he has “many disagreements” with President Donald Trump but is willing to set those differences aside for the sake of his city. “I intend to make it clear to President Trump that I will work with him
President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell on Wednesday, saying he would like to “fire his ass” over the central bank’s handling of interest rates. Speaking at the U.S.-Saudi Investment Forum at the Kennedy Center, Trump told Treasury Secretary