A  primer on the Federal Reserve's independence

A primer on the Federal Reserve's independen...

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A Primer On The Federal Reserve's Independence
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President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shif ...  Show more

Trump's unprecedented attack on the Fed
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Last night, President Donald Trump posted a letter firing Federal Reserve Board Governor Lisa Cook. The reason? She was accused of listing two properties as her primary residences, which potentially gave her more favorable lending terms. This marks another escalation in the presi ...  Show more

Trump’s Takeover of the Fed
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President Trump’s decision to try to fire a member of the Federal Reserve’s governing board is his most audacious attack yet on the independence of the central bank.

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Elon Musk is keeping his campaign promise of trying to cut $2 trillion of federal spending through his unit, DOGE. After some questions about his role, the White House announced that he is now a "special government employee." What has Musk been able to accomplish thus far? This e ...  Show more