Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...
The White House is offering buyouts and several months of pay to federal civilian employees. The Office of Personnel Management sent an email this week to civilian government employees offering to ...
The act says that if there’s a delay in sending out federal money, the White House is supposed to tell Congress about the pause and how much money is involved. There are some exceptions for ...
Chances are, you’ve heard us talk many-a-time about the Federal Reserve’s Beige Book ... Jay Powell was asked about whether the central bank is starting to model what could happen in the ...
The White House has rescinded its order freezing federal grants after the move sparked nationwide confusion and faced legal challenges."We are merely looking at parts of the big bureaucracy where ...