NEW YORK — Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. That […]
Tag: Jerome Powell
Inflation held agency in December, testing Fed amid DOJ probe into Powell
Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell […]
Shopper costs probably stayed elevated in December as information recovers from shutdown
WASHINGTON — Inflation likely remained elevated last month as the cost of electricity, groceries, and clothing may have jumped and continued to pressure consumers’ wallets. […]
Shares of bank card corporations hunch as Wall Avenue total drifts in combined buying and selling
NEW YORK — Stocks of credit card companies are dropping Monday after President Donald Trump threatened moves that could eat into their profits. The rest […]
DOJ probe into Powell sparks backlash from some Republicans, former Fed chairs
The Justice Department investigation into Federal Reserve Chairman Jerome Powell is drawing backlash from former Federal Reserve and Treasury officials as well as current members […]
Shares fall after Trump’s DOJ opens felony probe into Fed Chair Powell
Stocks slid in early trading on Monday hours after reports that the Department of Justice had opened a criminal investigation into Federal Reserve Chair Jerome […]
DOJ launches prison investigation into Fed Chair Jerome Powell, he says
In an extraordinary escalation of a months-long attack on the independence of the Federal Reserve, federal prosecutors have launched a criminal investigation into Federal Reserve […]
