Democrats demand Trump nominee commit to Fed independence

US president’s pick to head Council of Economic Advisers has argued the central bank is at odds with US constitution

Topics

Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies

A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
The New York Times - 3d
Democrats won’t fight Trump’s tariff policies. On trade, Trump is a Democrat.

President Donald Trump's recent trade policy has been met with surprising support from congressional Democrats, despite his protectionist policies being more aligned with progressive Democrats than ...
The Hill - 17h
Trump Labor Nominee Lori Chavez-DeRemer Faces Pressure at Senate Hearing

Asked for her views on pro-labor legislation she backed as a House Republican, Lori Chavez-DeRemer said she would simply serve the president’s agenda.
The New York Times - 4d
Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks

The celebrity doctor said he would divest from his interests in many drug, medical and insurance companies, worth millions of dollars.
The New York Times - 4d
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies

Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.
Inc. - 3d
The Fed is stuck in neutral as it watches how Trump’s policies play out

With an abundance of unknowns, the only gear the central bank really can be in these days is neutral.
CNBC - 22h
Trump’s control over independent agencies tees up test of presidential power

President Trump’s efforts to expand control over independent agencies tees up a new test of presidential power that is already making its way through the courts. This week, the president signed an ...
The Hill - 1d
Democratic governors push back against Trump

With Democrats in the minority in Washington, D.C., it could be up to governors to mount the party's opposition to President Trump's agenda. Ofirah Yheskel, director of external affairs for the ...
CBS News - 3d
To stop Trump, Democrats must reinvent themselves

Democrats can’t beat Trump and the populist right with the discredited progressive playbook they’ve been following since 2016.
The Hill - 2d

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