Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
The Federal Reserve has to grapple with the question of how big its balance sheet should be after it stopped shrinking its $6.5 trillion portfolio.
Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.
US tariff revenue dropped by almost $3 billion from November to December
JPMorgan Chase (JPM) CEO Jamie Dimon offered support for Federal Reserve Chair Jerome Powell on Tuesday.
A chorus of previous Fed chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.
Sen. Thom Tillis (R-N.C.) said he will block any Trump Fed appointees, including for chair, in light of revelations of Powell investigation.