Miran joins the Federal Reserve as the bank plans to lower interest rates.
On Tuesday, President Trump’s top economists transitioned to the Federal Reserve as the central bank commenced an important meeting regarding interest rates. Stephen Milan was officially sworn in as a member of the Federal Reserve Committee, a development announced shortly after the Senate voted along party lines for his nomination. While serving the remaining four-month […]
Could Bitcoin Rise if the Federal Reserve Lowers Interest Rates This Week?
Federal Reserve System is gearing up for crucial meetings in 2025, with this year marking the first potential interest rate cut. Efforts to lower borrowing costs could significantly affect the stock market. Investors in Bitcoin may start seeking better returns as savings account yields tend to decrease. However, the journey to a Bitcoin surge isn’t […]
Senate Approves Trump’s Adviser as Federal Reserve Governor
Federal Reserve Committee Welcomes New Member Stephen Milan, the chairman of the White House Economic Advisors Council, has been appointed to the Federal Reserve Committee following a narrow Senate vote of 48-47. As reported, the decision predominantly fell along party lines, with Senator Lisa Markowski from Alaska breaking ranks to vote with the Democrats against […]
An Appeals Court Splits on Blocking Trump’s Efforts to Dismiss a Federal Governor
Appeals Court Ruling on Fed Governor’s Position A federal appeals court made a split decision on Monday, stopping President Donald J. Trump from immediately removing Fed Governor Lisa D. Cook. Critics of the ruling argue that it misjudged both constitutional principles and basic logic. In a ruling released on Monday night, the U.S. Court of […]
Senate Approves Stephen Miran, Trump Adviser, as Federal Reserve Governor
On Monday, the Senate confirmed Stephen Milan, the chairman of the White House Economic Advisors Council, to the Federal Reserve Committee. This confirmation provides President Donald Trump with significant influence in the central bank, especially at a pivotal time for monetary policy. The vote, which ended in a narrow 48-47, primarily followed party lines. Notably, […]
Trump’s Federal Reserve Choice Passes Key Test Ahead of Important Interest Rate Discussion
Senate Moves to Confirm White House Economist Stephen Milan The Senate has decided to end discussions regarding the nomination of Stephen Milan, an economist from the White House. In a recent vote, the senators approved his nomination with a tally of 50 to 44, filling the position previously held by Federal Reserve Governor Adriana Kugler, […]
Trump warns he may cut federal funding to NY following Hochul’s surprising Mamdani endorsement.
President Trump issued a warning early Monday about potentially cutting federal funding to New York following Governor Kathy Hochul’s endorsement of Zoran Mamdani, a socialist candidate for mayor of New York City. He expressed his disapproval online, stating, “New York Governor Kathy Hochul supports the ‘radical communist’ Zoran Mamdani running for mayor of New York […]
North Carolina GOP senators divided on federal action regarding Charlotte murder
Senator Tom Tillis from North Carolina raised concerns about the implications if the White House chooses to focus on a recent incident related to crime and democratic policies. This comes as Ukrainian refugee Iryna Zarutska was tragically killed last month while using public transport in Charlotte, North Carolina. The accused, DeCarlos Brown Jr., had a […]
New York Attorney General Letitia James issued a summons for an illegal fence near her Brooklyn brownstone involved in a federal mortgage fraud investigation.
New York Attorney General Letitia James is facing a potential fine related to a fence at her multi-family residence in Clinton Hill, which stands at 5 feet, 6 inches—well above the legal limit of 4 feet. She’s set to appear before an administrative law judge on October 8th, where she could be fined up to […]
Search warrants executed at Tyler Robinson’s apartment and childhood home following Charlie Kirk assassination arrest by federal authorities in Utah
On Friday, federal agents and local police executed a search warrant at the apartment and childhood home of Tyler Robinson, the individual accused in the shooting of Charlie Kirk. They seized what they believe to be the Dodge Challenger involved in the incident, along with other belongings. The Townhomes area of St. George, Utah, is […]