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Trump presses Fed’s Jerome Powell to cut interest rates

Federal Reserve Chair Jerome Powell explains how policymakers work to determine whether tariffs are already contributing to sustained inflation. The Federal Reserve did not change interest rates at its March meeting shortly after it learned that President Trump prefers a different strategy. “As Ustariffs begin their economic transition (easy!), the Fed will have much better […]

Trump presses Federal Reserve to cut rates

President Trump once again pressed the Federal Reserve to cut the interbank lending rate as the administration's fundamental tariffs are set to resume next month. “The Fed would prefer a better cut rate as US tariffs begin to begin (easy!) into the economy. Do the right thing,” Trump said. I wrote it on a Wednesday […]

Michigan Republican presses Chavez-DeRemer to rescind Biden-era labor regulations

Tim Wahlberg (R-Mich.), chairman of the House Committee of Education and Workforce, is pressing Department of Labor (DOL) Director Lori Chavez Deremar to withdraw labor regulations from a small number of Biden-era. Wahlberg, who was elected to chair the committee last December, said he was keen to work with Chavez Deremar, a former House member […]

Laura Ingraham presses Trump on whether he’d defy a court order

Fox News host Laura Ingraham on Tuesday called on President Trump to see whether it violates a court order he opposed amid a flight deportation of Venezuelan immigrants. Ingraham said the Trump administration's decision to carry out deportation flights despite the judge's order directing flights raised concerns from critics that the president violated a court […]

Democratic senator presses Trump CFPB nominee: 'Who's really going to be in charge?'

Sen. Tina Smith (D-Minn.) pressed President Trump's candidate to lead the Consumer Financial Protection Bureau (CFPB) on Thursday on who will make key decisions at the institution after dismissing several lawsuits against the financial company while appearing before Congress. Trump appointed Jonathan McCernan, a former board member of the Federal Deposit Insurance Corporation (FDIC) as […]

Warren presses X on deleted Trump nominee’s posts

Senator Elizabeth Warren (D-Mass.) I'm pushing it against Social Platform X appears to be rubbing many posts from his account about one of Trump's economic candidates. In a letter to X CEO Linda Yaccarino, Warren asked the company to collect more than 24,000 posts from William Pulte. He was tapped by Trump later last month, […]

Blumenthal presses Rubio for answers on $400M Telsa Cybertruck deal

Sen. Richard Blumental (D-Conn.) urged Secretary of State Marco Rubio to explain the division's plans to buy a $400 million armored Tesla cybertruck vehicle, and tech billionaire Elon. He called for Musk's “significant conflict of interest.” In a letter to Rubio on Thursday, Blumental I've asked for information about the procedure The State Department is […]