Latest in Term Fed Chair
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How LGBTQ Americans are preparing for another Trump term
President-elect Donald Trump repeatedly pledged to roll back rights for transgender people during his campaign. Kate Sosin, LGBTQ+ reporter for The 19th, joins "America Decides" to discuss how ...CBS News - 7h -
Trump Picks Andrew Ferguson to Chair FTC
The current commissioner, a Republican, will oversee less aggressive antitrust policies and vows to undo the work of current chair Lina Khan.Inc. - 13h -
Sanders says next term is likely his last
Progressive icon was reelected for another six years in November.Politico - 1d -
Former DHS official launches DNC chair bid
Former Department of Homeland Security (DHS) official Nate Snyder has launched a bid to chair the Democratic National Committee (DNC), becoming the fifth candidate to jump into the race. “I left ...The Hill - 11h -
Inflation Ticks Up, but Details Are Encouraging for the Fed
Inflation sped up last month, but the details suggested cooling ahead. Next week, the Fed will make its final rate decision for 2024.The New York Times - 12h -
Bessent: Powell can serve out remainder of term as Fed chair
Scott Bessent, President-elect Trump’s pick to lead the Treasury Department, said Tuesday that Federal Reserve Chair Jerome Powell can serve out the remainder of his term leading the central bank. ...The Hill - 15h -
Sanders says this will likely be his last term
Sen. Bernie Sanders (I-Vt.), one of the Senate’s most prominent progressives, says he likely won’t run again for the Senate after his fourth term expires in 2030. Asked in an interview with ...The Hill - 18h -
Fed Chair Jerome Powell can serve remainder of term, says Trump’s Treasury pick Bessent
President-elect Donald Trump's pick for Treasury secretary said Federal Reserve Chair Jerome Powell could serve out his term.CNBC - 19h -
David Valadao elected chair of Republican Governance Group
Rep. David Valadao (R-Calif.) was elected chair of the Republican Governance Group, a House GOP caucus that trends to the center ideologically, after current chair, Rep. Dave Joyce (R-Ohio), opted ...The Hill - 1d -
Democratic governors preparing for Trump's 2nd term
Democratic governors are preparing for what could come from President-elect Donald Trump's second term. Several of them attended a conference in Los Angeles over the weekend, planning which fights ...CBS News - 2d -
Newsom appoints Schiff to Senate to complete Butler term
California Gov. Gavin Newsom (D) appointed Adam Schiff (D-Calif.) to the Senate to complete the rest of appointee Sen. Laphonza Butler’s (D) term. The appointment means Schiff, who has served in ...The Hill - 2d -
Crypto industry prepares for Trump's second term
The crypto companies that invested in the 2024 elections are hoping to win big returns on their investment as President-elect Donald Trump prepares for his second term in office. Axio's crypto ...CBS News - 2d -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 2d -
Newsom lines up resistance to Trump's second term
California Gov. Gavin Newsom (D) is positioning himself as a leader of the Democratic resistance to Trump’s incoming second term, as chatter builds about his potential 2028 ambitions. Newsom moved ...The Hill - 2d -
Lara Trump steps down as RNC co-chair
Lara Trump will step down as co-chair of the Republican National Committee.CBS News - 3d -
Trump says he will not remove Jay Powell from Fed before term ends
President-elect also does not rule out higher inflation as a result of his tariffsFinancial Times - 3d -
Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.The New York Times - 3d -
A Second Trump Term Is Set to Scramble Trade Alliances
Europe’s new pact with South America, its largest deal to date, could be a sign of how countries will diversify trade relationships as Donald Trump threatens tariffs.The New York Times - 5d -
Why you should open a long-term CD before the December Fed meeting
The final Federal Reserve meeting of 2024 is set for December 17. Here's why you should open a long-term CD before then.CBS News - 5d -
Texas House Speaker abandons bid for another term
Texas House Speaker Dade Phelan (R) abandoned his bid to serve another term as the leader of the lower chamber. “Out of deep respect for this institution and its members, and after careful ...The Hill - 5d -
These Two Factors Could Set Up a Trump Clash With the Fed
If borrowing costs don’t drop and household costs remain high, the incoming president could turn his ire on the traditionally independent central bank.Inc. - 6d -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - 6d -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Powell ‘not concerned’ over risks Trump will stifle Fed independence
US central bank chief says his institution has ‘broad support’ on Capitol HillFinancial Times - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Trump nominates Paul Atkins as SEC chair
President-elect Trump has nominated former Securities and Exchange Commissioner (SEC) Paul Atkins to replace outgoing chair Gary Gensler when he departs on Inauguration Day. “Paul is a proven ...The Hill - Dec. 4 -
Trump asks Whatley to return as RNC chair
President-elect Trump said Wednesday that he asked Michael Whatley to stay on for another term as chairman of the Republican National Committee (RNC) following the party's successful 2024 election ...The Hill - Dec. 4 -
Ukraine ceasefire terms come into focus as Trump returns
Potential paths to a ceasefire in Ukraine are coming into focus as President-elect Trump approaches Inauguration Day, with Ukrainian President Volodymyr Zelensky signaling his concessions to end ...The Hill - Dec. 4 -
Fed commentary, Foot Locker, ADP jobs data: What to Watch
Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...Yahoo Sports - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Will a short-term or long-term CD be better for 2025?
Both offer unique benefits, but only one is arguably better heading into 2025. Here's what savers should know now.CBS News - Dec. 3 -
Field grows in Democratic National Committee chair race
The field in the race to lead the Democratic National Committee is growing. Wisconsin Democratic Party Chair Ben Wikler and former Maryland Senate candidate Robert Houton jumped in on Sunday. CBS ...CBS News - Dec. 2 -
Kids worked overnight shifts at pork processing plant, feds find
Feds find 11 kids illegally employed for at least 4 years at Seaboard Triumph Foods facility in Sioux Falls, Iowa.CBS News - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Should you open a long-term CD this December?
Long-term CD accounts have been beneficial for savers in recent years. But are they still worth opening this month?CBS News - Dec. 2 -
Under Powell, the Fed Makes Monetary Policy Boring Again
The central bank no longer needs to play a prominent role in the U.S. economy, which is running more normally as the pandemic crisis recedes.Inc. - Dec. 2