Jerome Powell issued a warning on Sunday that the Fed's independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank by the DOJ
Economist Doug Duncan weighs in on the challenges facing economic forecasters today, cutbacks in economic reports produced by Fannie and Freddie, Fed independence, and more
The next Fed chair may be more receptive to the president's calls for rate cuts, but they'll have to convince other central bank policymakers to give up their independence
A vote to reappoint 11 of the Fed's 12 regional bank presidents puts an end to speculation that the Trump administration might try to unseat inflation hawks opposed to interest rate cuts
Since the original charges against James were thrown out in November, the DoJ has reportedly tried and failed to obtain indictments from two different federal grand juries
The White House denies wrongdoing, and loans were paid off long ago, but circumstances are similar to deals involving political opponents that Trump has called fraudulent
Senate Democrats say they want a better understanding of 'what is taking place at FHFA' after the head of mortgage giants' regulator subjects four prominent Democrats to criminal referrals
Christine Bish, a Realtor in California's Sacramento Valley, sent a trove of documents to FHFA Director Bill Pulte. Now the DoJ, FBI and FHFA want to know who else she's talked to
The prosecutor who filed charges against James and former FBI Director James Comey, interim U.S. Attorney Lindsey Halligan, was unlawfully appointed, a U.S. District Judge ruled
The president jokingly told Treasury Secretary Scott Bessent that his job is also on the line if rates don't come down, as poll shows inflation will be a key issue in 2026 midterm elections
After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors see only a 34% chance of a Dec. 10 rate cut.
The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence
Swalwell warns Pulte 'and any other lawless official who is carrying out these political prosecutions' that they will have to answer for their actions after midterm elections
Mortgage rates hit a new 2025 low of 6.12 percent on Oct. 28, but have been on the rise after Fed Chair Jerome Powell said there's no guarantee the Fed will cut rates for a third time in December
FHFA acting Inspector General John "Joe" Allen is set to be fired, Reuters reports, and the position is now vacant as the mortgage giants move toward a public offering