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Trump nominates Fed Governor Michelle Bowman as vice chair for supervision

President Donald Trump is expected to nominate Federal Reserve Gov. Michelle Bowman as the top regulatory position at the central bank, where he will oversee the relaxed rule writing and bank oversight agenda. Bowman, a former community banker and frequently critic of enthusiastic banking regulations, resigned from his oversight post at the end of February, […]

Trump pushes out National Endowment for the Humanities chair, official says

President Trump has directed that National Humanities (NEH) Chairman Shelley Lowe resigns from her role. Spokeswoman Paula Wasley said in an email to the hill that Lowe had “leaved her position” in the president's “direction.” In the meantime, Trump has designated Michael McDonald, who served as NEH advisor, and “we were able to serve as […]

FCC Chair Brandon Carr Proposes Exploration of Alternatives to GPS, 911 Enhancements

In a recent blog post, Federal Communications Commission (FCC) Chair Brendan Kerr outlined plans to vote on several proposals aimed at improving the reliability and accuracy of critical technologies, including GPS and 911 emergency services. The FCC will vote for several proposals to enhance the reliability and accuracy of critical technologies, including GPS and 911 […]

Fed chair says he’s in no hurry to cut rates amid Trump policy shifts

Federal Reserve Chairman Jerome Powell suggested that the central bank is unlikely to offer President Trump his highly decisive interest rate cuts anytime soon. Before and after Trump's tariffs – After a 30-day suspension, it announced its second suspension earlier this week, with strict taxes on Canada and Mexico. However, Powell on Friday reiterated that […]

Fed vice chair exits role as DOGE gears up for audit

Supervisor Vice-Chairman Michael Burr resigned from his position last week after insisting that he wanted to avoid a “stand-standing conflict” with the Trump administration. Barr's resignation follows reports that the government's Efficiency Bureau is preparing to audit the Federal Reserve system. “Ask if you need to change the price to the magical 8-ball is actually […]

Whoopi Goldberg says she won’t go to Kennedy Center with Trump as chair of venue

“The View” announced that after President Trump is elected to chair the Washington, DC Arts venue, it will not visit the Kennedy Center for a foreseeable future. The actress and comedian issued a statement at ABC talk show on Thursday. Along with the creators of the play “Hamilton,” he pulled the show out of the […]