Latest in Presidency Fed
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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 - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
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 - Jan. 8 -
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 - Jan. 8 -
State funeral services for former President Jimmy Carter
Watch live coverage as the state funeral for former President Jimmy Carter is held in Washington, D.C. President Biden will deliver the eulogy as past presidents, lawmakers, dignitaries and ...NBC News - Jan. 8 -
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 - Jan. 8 -
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. - Jan. 8 -
Democrats must work with President Trump — strategically
Democrats must be willing to seriously engage the president-elect’s fickleness. If they don’t, the left will find itself left behind by events as Republicans spend the next two to four years ...The Hill - Jan. 8 -
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 - Jan. 8 -
The Biden Presidency: Four Illusions, Four Deceptions
History will not remember his term of office fondly.The New York Times - Jan. 7 -
Behind Jimmy Carter's legacy as president
Jimmy Carter's presidency was marked by global challenges and his quest to unite Americans. James Fallows, a speechwriter for the Carter administration, joins CBS News with more on Carter's legacy.CBS News - Jan. 7 -
Mourning a president and citizen
Former President Jimmy Carter's state funeral is an opportunity to reflect on the evolution of presidential state funerals and how Americans have mourned their leaders, with the first president to ...The Hill - Jan. 7 -
Wall Street notches another win as Fed's Barr clears the way for gentler banking regulator
With Barr's resignation, a more precise image of incoming bank deregulation is forming.CNBC - Jan. 7 -
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Mahama will be sworn in as Ghana's president for third time
John Mahama will be sworn in on Tuesday as Ghana’s president for the third time, as the country faces its worst economic crisis in a generationABC News - Jan. 7 -
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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 - Jan. 7 -
Fed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.MarketWatch - Jan. 6 -
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. - Jan. 6 -
Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump
There had been speculation that Trump might replace Barr after he takes office Jan. 20.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
Michael Barr to step down as Fed’s top Wall Street regulator
US central bank’s vice-chair for supervision will leave his role in February but stay on as a governorFinancial Times - Jan. 6 -
President Carter left America a positive path through the Trump presidency
I believe that millions of American Christians will see efforts to reverse progress toward dignity and equality for all people as a betrayal of the example and teachings of the Jesus that Jimmy ...The Hill - Jan. 6 -
Americans celebrate the life of former President Jimmy Carter
Former President Jimmy Carter is being honored in his home state of Georgia before his remains are taken to Washington, D.C., On Tuesday and Wednesday, the 39th president will lie in state in the ...CBS News - Jan. 6 -
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 - Jan. 6 -
Jimmy Carter's grandson pays tribute to the late president
Jason Carter, former President Jimmy Carter's grandson, remembered his grandfather at a funeral service at the Carter Center in Atlanta, Georgia, on Saturday. The 39th president died last weekend ...CBS News - Jan. 4 -
Feds find bomb-making material in home of New Orleans attacker
New Orleans is ramping up security in the aftermath of the New Year's Day terror attack that killed 14 people and wounded dozens more. The city is set to host the Super Bowl and Mardi Gras ...CBS News - Jan. 3 -
Chilean president makes historic trip to South Pole
Gabriel Boric is the first leader in the Americas to visit the South Pole, stressing Chile's "Antarctic mission".BBC News - Jan. 4 -
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 - Jan. 3 -
JetBlue fined $2 million by feds for "chronic flight delays"
JetBlue is the first carrier to be penalized by the Department of Transportation for unrealistic scheduling practice.CBS News - Jan. 3 -
South Korean officials fail to detain impeached president
South Korean officials left the home of impeached President Yoon Suk Yeol without him after a near-six-hour standoff. Yuna Ku with BBC News, a CBS News partner, has more.CBS News - Jan. 3 -
It's Christmas for the elephants as unsold trees are fed to the animals at Berlin Zoo
For the elephants and others at the Berlin Zoo, it’s finally time to unwrap their Christmas presentsABC News - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Impeached South Korean president issues defiant message
Impeached South Korean President Yoon Suk Yeol has issued a defiant statement to his rightwing supporters gathered outside his residence in the capital of SeoulABC News - Jan. 2
