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Fed, Trump and Powell

Fortune on MSN · 23h

Powell laid down the law on Fed independence when he met with Trump, but the president didn’t seem to get the message

Powell laid down the law to Trump on the Fed's independence decision-making, but Trump doesn't seem to be getting the message.

CNN on MSN · 1d

Trump met with Jerome Powell today to scold him about rates. Powell stressed the Fed is staying out of politics

President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, according to a statement from the central bank.

NBC News on MSN · 22h

Powell defends Fed independence after Trump pressures him to cut interest rates

The Federal Reserve chair said the two discussed "economic developments" but not his expectations for monetary policy at a White House meeting called by the president.

Trump, Appeals court

Politico on MSN · 7h

Appeals court keeps block on Trump administration’s downsizing of the federal workforce

A split three-judge panel of the U.S. 9th Circuit Court of Appeals found that the staff cuts could have significant ripple effects and should stay on hold while a lawsuit plays out.

Appeals court denies Trump administration's request to resume mass firings of federal employees

The White House had sought an emergency stay of an injunction issued by U.S. Judge Susan Illston of San Francisco in a lawsuit brought by labor unions and cities, including San Francisco and Chicago.

The Washington Post on MSN · 1d

Tariffs are on for now thanks to appeals court in win for Trump

The pause is just the latest move in a tumultuous trade war, which began earlier this year when Trump announced sweeping tariffs against nearly every country around the world. The

PBS, Trump and executive order

Fox News on MSN · 12h

PBS sues Trump administration, says executive order cutting federal funding violates First Amendment

PBS joined NPR in filing a lawsuit against President Donald Trump and his administration over his executive order demanding federal funding to public media be revoked.

The Washington Post on MSN · 14h

PBS sues Trump over executive order targeting federal funding, following NPR

PBS says in a federal lawsuit that the Trump administration violated its First Amendment rights with his executive order to cut its federal funding.

POLITICO on MSN · 13h

PBS sues Trump administration over order to revoke federal funding

PBS’s lawsuit comes just days after NPR filed a similar suit over Trump’s order to halt federal funding to public media.

Fed, April and Inflation

The New York Times · 22h

Fed’s Preferred Inflation Gauge Subdued in April as Spending Slows

The Federal Reserve has put interest rate cuts on hold until it has more clarity about President Trump’s policies.

The Wall Street Journal on MSN · 22h

The Fed’s Targeted Inflation Rate Eased in April

The Fed’s preferred gauge of consumer prices ticked up just slightly in April, a modest increase that lowered the 12-month inflation rate.

Fox Business on MSN · 22h

Fed's favored inflation gauge shows consumer prices eased in April

The Fed's preferred inflation gauge, the PCE index, showed that price growth eased in April as inflation numbers trended closer to the central bank's target.

4h

Trump administration adds Huntington Beach to its list of ‘sanctuary jurisdictions defying federal immigration law’

Huntington Beach’s conservative City Council earlier this year approved a resolution declaring itself a “non-sanctuary city.” ...

19hon MSN

Fired federal tech staffers file retaliation claim to a panel whose chairwoman Trump also fired

A group of roughly 80 fired federal employees are appealing their terminations to an administrative body in charge of ...

19hon MSN

Trump administration bans use of race, sex data in federal hiring

The Trump administration told federal agencies on Thursday to halt the use of statistics on race, sex, ethnicity or national ...

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