Latest in Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
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Fed officials are worried about the inflation impacts from Trump's policies, minutes show
The Federal Reserve on Wednesday released minutes from its December meeting.CNBC - 12m -
Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show
“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.MarketWatch - 38m -
Fed’s Waller sees cooler inflation despite higher forecasts
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...The Hill - 52m -
Blinken says Trump's push for US to take control of Greenland is 'not going to happen'
Outgoing U.S. Secretary of State Antony Blinken is advising the world not to waste a lot of time on what President-elect Donald Trump has been saying about GreenlandABC News - 56m -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - 59m -
Janet Yellen: Covid stimulus may have contributed 'a little bit' to inflation
Treasury Secretary Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more in an exit interview on CNBC's "Money Movers."CNBC - 1h -
Blinken says Gaza ceasefire may be ‘very close’
Speaking at a press conference in Paris, Secretary of State Antony Blinken said he hoped a deal could be finalized before the end of President Biden’s time in office.NBC News - 1h -
Europe pushes back against Trump over Greenland military threat
European leaders expressed their confusion and pushed back Wednesday against President-elect Donald Trump's refusal to rule out using military force to take over Greenland.NBC News - 3h -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - 3h -
Michael Barr to Leave His Role as Fed Vice Chair for Supervision
Michael Barr oversaw an attempt to rewrite financial regulations that came under attack from a wide range of groups, including banks, lawmakers and even some of his colleagues.The New York Times - 1d -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 5h -
Frost backs Hogg in DNC vice chair race
Rep. Maxwell Frost (D-Fla.) endorsed Democratic National Committee vice chair candidate David Hogg on Wednesday, referring to the candidate as a generational changemaker. “I was there days after ...The Hill - 6h -
CFTC chair to step down when Trump takes office
The chair of the Commodity Futures Trading Commission (CFTC) is slated to resign on Jan. 20, coinciding with President-elect Trump’s inauguration, leaving a vacancy for the federal regulatory ...The Hill - 20h -
Gronk, Drew Brees push back on concern about Patriots hiring Vrabel
Rob Gronkowski and Drew Brees explain why they'd have no issue with the Patriots hiring Mike Vrabel despite his defensive background.Yahoo Sports - 22h -
Meta looking for 'sweetheart deal' with Trump: FTC chair
Outgoing Federal Trade Commission (FTC) Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the ...The Hill - 1d -
Georgia GOP boots former lieutenant governor who backed Harris
The Georgia Republican Party has booted longtime President-elect Trump critic former Lt. Gov. Geoff Duncan (R), who backed Vice President Harris’s 2024 bid for the White House. A resolution from ...The Hill - 1d -
Chargers signing former Dallas Cowboys running back Ezekiel Elliott
Former Dallas Cowboys running back Ezekiel Elliott is joining the Chargers' practice squad ahead of their wild-card playoff game against the Texans.Yahoo Sports - 1d -
O'Malley touts endorsements of current, former Congressional Black Caucus members in DNC chair bid
Former Maryland Gov. Martin O’Malley (D) on Monday touted the endorsements of current and former Congressional Black Caucus (CBC) members in his Democratic National Committee (DNC) chair bid. “I am ...The Hill - 2d -
Former Fed Chair Bernanke Says Trump’s Policies May Not Push Inflation Back Up
While plans to impose tariffs, cut immigration and expand tax cuts have alarmed many economists, others say early, pessimistic analyses may be incorrect.Inc. - 2d -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - 2d -
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Wikler picks up key endorsement in DNC chair bid
Wisconsin state party chair Ben Wikler received a key endorsement from Michigan Democratic Party chair Lavora Barnes on Monday in his bid to take the helm of the Democratic National Committee. “I ...The Hill - 2d -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 2d -
Martin O'Malley snags DNC chair endorsements from current and former Black members of Congress
Four prominent current and former Congressional Black Caucus members endorsed Martin O’Malley's bid to chair the Democratic National Committee on Monday as the contest heads into the home stretch.NBC News - 2d -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - 2d -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - 4d -
Economists Fear Trump’s Tariff Policies Will Harm U.S. Growth
A new survey finds a majority of economists fear protectionist plans by the President-elect will spark inflation and eventually undermine U.S. economic expansion.Inc. - 5d -
Trump accused of attacking UK energy policies on behalf of fossil fuel industry
Campaigners say US president-elect’s call to ‘get rid of windmills’ is based on North Sea interests of oil and gas firms. Climate campaigners have accused Donald Trump of attacking Britain’s ...The Guardian - 5d -
Trump attacks UK’s North Sea policy as ‘very big mistake’
Post on Truth Social platform is latest anti-Labour salvo from incoming US administrationFinancial Times - 5d -
By blaming Biden for the New Orleans attack, Trump may be setting himself up for failure
Trump has blamed Biden for the attack in New Orleans. But the president-elect risks facing similar criticism if an attack happens while he is in the White House.NBC News - 5d -
Meta replaces policy chief Nick Clegg with former Republican staffer Joel Kaplan ahead of Trump inauguration
It's the latest sign of how tech companies are positioning themselves for a new administration in Washington.CNBC - 5d -
Climate policy is about to take a back seat in DC — here’s what we can do about it
It’s hardly a big secret that climate policy will not be a priority of the incoming Trump administration.The Hill - 6d -
Schumer backs Wikler for DNC chair
Senate Majority Leader Chuck Schumer (D-N.Y.) announced Thursday that he’s throwing his support behind Ben Wikler, the chair of the Democratic Party of Wisconsin, to take the helm of the Democratic ...The Hill - 6d -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - 6d -
Colts' Anthony Richardson says he 'couldn't even stand up' due to injury, has battled back issues for years
The second-year quarterback sat out Week 17CBS Sports - Jan. 1 -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - Jan. 1 -
Fresh wiring may finally power up English devolution
New mayoral planning abilities could drive growth but cause political pain — while funding remains another blockerFinancial Times - Jan. 1