Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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Will Trump Try to ‘Overrule’ Monetary Policy?
By Mark ThomaHow will the Federal Reserve evolve during Donald Trump’s term as president? Presently, three of the seven positions on the Federal Reserve Board are vacant. These vacancies, along with the...
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Why the Treasury Is Ending a Low-Income Retirement Saving Program
Less than two years after the Obama administration rolled out a myRA, a savings program aimed at helping the millions of Americans without access to a retirement account through work, the Trump...
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Will Janet Yellen Give Wall Street a Scare?
For years, the Federal Reserve has been unable to convince the market it's serious about aggressively tightening policy. Janet Yellen and her cohorts have been guilty of "crying wolf," constantly...
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Is the Fed About to Wage War on the Rich?
For years, stocks have been driven relentlessly higher thanks to a single statement that summarized the aggressive central bank largesse since the eurozone crisis flared up in 2012: Policymakers...
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Is the Fed Fighting the Trump Rally?
The evidence is growing that the Federal Reserve’s policymakers are actively working to lean against the stock market's rise, a dramatic reversal from the years of policy support stock market bulls...
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The Fed’s Big Mistake: Rate Hikes Hurt US Workers
By David DayenProtesters rallied in Washington, New York City and Philadelphia yesterday against an imminent government action that would damage the financial prospects of ordinary workers. And no, it had nothing...
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The Fed, the Reality of Tax Cuts, and Donald Trump
By Mark ThomaFor many years, Republicans argued that tax cuts for the wealthy pay for themselves. Cutting taxes on the wealthy, according to Republicans, allows them to keep a larger share of anything new they...
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Will Unwinding the Fed’s $4.5 Trillion Balance Sheet Kill the Bull Market?
Over the last decade, investors have grown accustomed to a Federal Reserve that constantly coddled them, allayed their fears and did everything possible to support the financial markets and asset...
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The Key to This Market: Here’s What Will Determine if Stocks Rise or Fall
For now, instead of putting pressure on risk assets, the Fed's newfound hawkishness is bolstering the reflation trade by lifting the dollar higher and attracting global capital into U.S. assets. Same...
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Can Wall Street Handle Higher Interest Rates?
The Federal Reserve just raised interest rates for the second time in three months, signaling a dramatic quickening of its prior pace. For the first time in more than a decade, Fed policymakers are...
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More Fed Stimulus Unlikely
By PEDRO DA COSTA and Mark Felsenthal, ReutersFederal Reserve policymakers have backed away from the need for another round of monetary stimulus as the U.S. economy gradually improves.
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The Fed’s IOUs Can Cripple the Economy in 2013
By Liz PeekDoes Fed Chair Ben Bernanke know what he’s doing? We better hope so. Every tweet and cluck from the Open Market Committee has the power to move markets, as we saw again yesterday. Traders dumped...
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Romney Win Would Change Little at Fed
By ANN SAPHIR and Patricia Zengerle, ReutersFor all the derision Republican presidential hopefuls have heaped on the Federal Reserve, a November win by lead contender Mitt Romney would likely change little at the central bank, at least in the...
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Fed to Buy $44 Billion of Treasuries
By ReutersThe Federal Reserve will buy about $44 billion of Treasuries in 15 operations from April 2 through April 30 and will sell about $43 billion of Treasuries in six operations from March 1 through March...
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BofA CEO Made $8.1M in 2011
By RICK ROTHACKER, ReutersBank of America Corp Chief Executive Officer Brian Moynihan made $8.1 million in total compensation last year, more than four times the $1.9 million he received in 2010, according to a filing with...