The White House budget office Wednesday rescinded the federal aid freeze, according to multiple media reports citing an administration memo.
If you are trying to figure out whether now is the time to buy bonds, watch the White House more than the Federal Reserve. The benchmark 10-year Treasury yield has been rising toward 5%, Fed interest-rate cuts be damned.
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Report TRUMP FIRST 100 DAYS © Alex Brandon, Associated Press White House rescinds memo amid legal battle THE TRUMP ADMINISTRATION on Wednesday signaled it planned to still
The US Federal Reserve is in no “hurry” to adjust interest rates again, the central bank’s chair Jerome Powell said yesterday, after policymakers
The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep interest rates on hold despite the president’s calls to reduce borrowing costs by “a lot”.
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.
Mystery drones over New Jersey were authorized by the Federal Aviation Administration with the full knowledge of the Biden administration, White House Press Secretary Karoline Leavitt announced on Tuesday.
A federal judge blocked an effort by President Donald Trump's administration to pause federal grants and loans being dispersed across the nation on Tuesday. Nonprofit organizations are some of the recipients of those funds. Organizations in Oklahoma discussed what could happen if this effort moves forward in the future.
Hiring for vacant positions in commissaries, child care centers, schools and everywhere else within DOD can continue, two memorandums show.