A federal judge recently refused to reopen a criminal case against Jerome Powell, the head of the U. S. Federal Reserve. The case started after a prosecutor close to former President Trump tried to force Powell out by digging up unrelated complaints. The prosecutors wanted records about renovations
A battle is heating up between federal regulators and state governments over who controls prediction markets—especially those tied to sports. The Commodity Futures Trading Commission (CFTC) recently sued three states—Arizona, Connecticut, and Illinois—arguing that once these markets operate on feder
The war in the Middle East has pushed oil and gas prices up, yet Federal Reserve watchers say the real impact on everyday prices will take time. New York Fed chief John Williams told Fox Business that the economy might feel the squeeze in months or even a year, not right away. That delay matters bec
Senator Elizabeth Warren, the leading Democrat on the Senate Banking Committee, has sent a letter to Kevin Warsh asking him to explain any contact he may have had with the late convicted sex offender Jeffrey Epstein. Warsh was chosen by President Trump to become the next chair of the Federal Reserve
The Federal Reserve chose to keep interest rates steady for a second straight meeting, a move that left President Trump annoyed. He has repeatedly asked the Fed to cut borrowing costs, claiming high rates hurt consumers and businesses. Trump’s frustration grew as oil prices climbed amid tensions in
The federal district court in Washington recently overturned subpoenas issued by the former Trump administration to Federal Reserve Chair Jerome Powell. Judge James Boasberg decided that the subpoenas were not just a procedural nuisance; they were an attempt to influence Powell’s policy decisions
A federal judge recently stopped prosecutors from asking for documents tied to renovations at the U. S. Federal Reserve’s headquarters. The judge also blocked requests for testimony from Fed Chair Jerome Powell about those expenses. The judge argued there was little proof of wrongdoing but plenty of
A federal court recently ruled against a plan that would have frozen trillions in federal aid. The case involved the Trump administration’s attempt to pause spending on government programs back in early 2025. The pause affected up to $3 trillion, covering grants, loans, and other financial support.
In the late 1700s, federal employees had no idea what “balance” meant. They worked in dangerous jobs—railroads, steel mills, and early factories—without safety nets or health plans. Survival was the only benefit; rest, exercise, or dental care were distant ideas. After a century of industrial
A trio of celebrities gathered at a private venue in Palm Beach to raise funds for an animal rescue that has already saved nearly 90, 000 dogs. The event lasted three days and pulled in about $5 million, a sum that will help the organization open new shelters across Texas, California and North Carol
