you know, we have him there and uh it was a mistake. I put him in and then Biden extended him and Biden only extended him because he knew I couldn't stand him and that turned out to be not a good thing for Biden. Although he did lower interest rates just prior to the election.Didn't work out too well for them, but he did lower them pretty substantially just prior to the election. No, he's a political hack. Not very good.Not a He's not He's not a smart. ...

And joining us now is the president of the committee for a responsible federal budget, Maya McInness. Maya, this morning, the attacks from the president keep coming, calling Fed Chair Jerome Powell too late, too angry, too stupid, and too political given today's inflation report. How do you see the president's demands and the Fed's decision we saw yesterday.Right. So, uh, the tenor, the tone, and the words of the president that he's using in those attacks are highly unfortunate. One of one of the great thin ...

A new bill uh aims to stop the Federal Reserve from paying banks uh interest on their reserves. In action, our next guest costs billions of dollars. Joining us now, Florida Senator Rick Scott, who introduced the legislation.It's so arcane, Senator, and and we've had this discussion. I don't know if if it's been had anywhere else on on TV. I'm not sure what it does for rating, uh obviously, but uh it it's mind-boggling.It's it's a definitely something that economist Judy Shelton has has talked to us about qu ...

Monetary Policy - The Federal Reserve maintains its benchmark interest rate at 4.25-4.5% [1] Political Landscape - Democrats attempt to compel the release of Epstein revelations [1] - The Trump administration issues numerous trade announcements [1]

Monetary Policy - The Federal Reserve maintained its key interest rate [1] - Two Fed governors dissented, advocating for a 0.25 percentage point rate decrease [1] - The President argued against predictions of tariff-induced price increases [1] - The President highlighted a 3% US economic growth last quarter, exceeding expectations [2] - The Fed chair stated the economy is solid despite the trade war, with low unemployment and a strong labor market [3][4] Economic Outlook - Increased imports by some companies ahead of tariffs contributed to economic growth [2] - Higher tariffs are starting to impact the prices of some goods [4] - The overall effects of tariffs on economic activity and inflation are still uncertain [4]

For all the power it wields over the global economy, America’s Federal Reserve projects remarkable cool. That serenity is now being ruptured, and just as Donald Trump ramps up his attacks on the central bank https://t.co/6isQ6r1iu0Photo: Eyevine https://t.co/fqVAXfrHbm ...

Monetary Policy Stance - The Federal Reserve decided to hold interest rates steady for the fifth consecutive meeting, indicating a pause in rate adjustments [1] - Two Fed governors dissented, favoring interest rate cuts, marking the first time in over 30 years that two governors have dissented at a meeting [1] - The debate centers on whether tariff-related inflation should be treated as a one-off event or a persistent pressure [1] - The Fed is closely monitoring incoming data, including inflation numbers and jobs reports, to make future decisions regarding interest rates [5][6] - The Fed aims to manage inflation efficiently without causing unnecessary damage to the labor market [4] Economic Assessment - The US economy is considered to be in a solid position, with a low unemployment rate and a labor market at or near maximum employment [1] - Elevated uncertainty persists despite the economy's solid position [1] Future Outlook - The Fed has not made any decisions about potential interest rate cuts in September and will evaluate data to determine if the federal funds rate is appropriate [5] - The Fed acknowledges the risk of moving too soon (potentially not fixing inflation) or too late (potentially damaging the labor market) [4]

For all the power it wields over the global economy, America’s Federal Reserve projects remarkable cool. That serenity is now being ruptured, and just as Donald Trump ramps up his attacks on the central bank https://t.co/U0OwrxZmhJ ...

If it's Wednesday, it's the economy. The president touts a better thanex expected GDP report ahead of another major tariff deadline as the Federal Reserve bucks the president's demands to lower interest rates. Plus, NBC News exclusive reporting on Defense Secretary Pete Hag's potential plans to run for office in Tennessee in what would be a major leadership shakeup for the Pentagon and President Trump's cabinet. And former Vice President Kla Harris says she will not run for governor of California, raising s ...

Bitcoin traded flat after the U.S. central bank left the Federal funds rate intact as analysts had widely expected amid uncertain inflation readings and the Fed's cautious rhetoric in recent months. https://t.co/veYkoNR2eW ...