News

Can the Fed stay independent? Trump-era adviser may put it to the test.
Kevin Hassett's Trump-era makeover is fueling questions about the independence of the Federal Reserve as he emerges as a leading contender to succeed Jerome H. Powell as chair.
Federal Reserve says building renovation complies with law, defends costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...
WA public radio stations brace for ‘devastating’ federal funding loss
Washington stations, particularly those serving rural populations, are in jeopardy after Congress passed a bill clawing back ...
Maryland lawmakers announce $2.8 million for Washington County bus facility
Maryland Transportation Secretary Paul Wiedefeld said the BUILD grant would “lay the foundation” for improved public transit ...
Trump appointees pushed more marble in Fed building renovation White House now attacks
The Fed's architects said the central bank wanted glass walls, but three Trump appointees felt marble best fit the building's ...
Waller says he's willing to lead Fed if Trump asks, but no contact so far
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job ...
Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...