Trump Demands Powell’s Resignation Over $2.5 Billion Palace Scandal

Trump Demands Powell’s Resignation Over $2.5 Billion Palace Scandal

President Trump has urged Federal Reserve Chairman Jerome Powell to resign immediately or risk being removed for allegedly lying to Congress. The reason behind this call? A $2.5 billion renovation of the Fed’s headquarters, designed to resemble a modern-day Versailles, which was kept hidden from the public, funded by taxpayers, and denied under oath by […]

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

Fed Chair Powell Warns of Higher Inflation, Slower Growth, Unemployment

The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies. The economy overall has “continued to expand at a solid pace,” the Fed said in a policy statement, […]