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Fed, Congress and Jerome Powell

Hosted on MSN · 15h

Fed's Powell heads back to Congress as data shows inflation jump in January

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a congressional hearing convened shortly after data showed U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled.

USA Today · 18h

Federal Reserve Chair Jerome Powell returns to Congress following January inflation spike

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

What Time Will Fed's Jerome Powell Speak to Congress—and How to Watch His Testimony

Federal Reserve Chair Jerome Powell heads to Capitol Hill this week for his twice-yearly testimony before Congress. Powell will appear before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday,

34m

‘People are just flipping out’: Billions in federal funding remain frozen despite court orders to keep the taps open

Federal agencies across Washington are finding ways to keep funding frozen even after judges last month temporarily blocked ...

1d

Watch: Fed Chairman Jerome Powell testifies in Congress with tariffs looming

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

6h

Live updates: Judge unfreezes Trump’s federal buyout plan; Tulsi Gabbard sworn in as intel chief

Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...

11hon MSN

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...

4h

US judge clears the way for tens of thousands of federal workers to take Trump buyout

The buyout is one of many approaches Trump is taking to slash a civilian workforce of 2.3 million that he has blasted as ...

29mon MSN

Trump Starts Mass Firings Across Federal Agencies: What to Know

These are the first lay offs carried out by Trump as part of his plan to dramatically cut down the size of the federal workforce.

6h

Trump’s Federal Worker Buyout Pause Lifted: Here’s What To Know

Feb. 12 Boston-based federal Judge George O’Toole removed his freeze on the buyout offer, allowing the Trump administration ...

28m

When is Presidents Day in 2025? What is open and closed in Hornell area on federal holiday

City of Hornell: City Hall will be closed on Feb. 17, 2025 for Presidents’ Day. Hornell Public Library: The library will be ...

10hon MSN

Judge allows Trump to proceed with federal buyout

A federal judge says he will continue to pause the Trump administration's federal employee buyout offer until he issues a ...

1d

Johnson ‘Wholeheartedly’ Agrees With Trump’s Spending Cuts, Undermining Congress

The comments by the speaker were his latest move to diminish the role of the legislative branch, and in keeping with his move ...

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