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Demands for Fed independence overtake House committee task force on monetary policy

Demands for Fed independence overtake House committee task force on monetary policy

by Clara Martinez | Jan 15, 2026 | Business, Featured

WASHINGTON – In a House Financial Services committee hearing Wednesday, representatives repeatedly criticized  the Trump administration’s criminal charges against Federal Reserve Chair Jerome Powell.  Although the Task Force on Monetary Policy, Treasury Market...
Fed cuts rates amid labor concerns, casts doubt on further easing in December

Fed cuts rates amid labor concerns, casts doubt on further easing in December

by Avigna Ramachandran | Oct 30, 2025 | Business, Featured

WASHINGTON –  Federal Reserve Chair Jerome Powell announced a quarter point rate cut on Wednesday, marking the second cut of this year.  The reduction brings the federal funds rate to the 3.75% to 4.00% range, closer to what the Fed considers its neutral rate. The...
Rep. Pressley calls on the Fed, Powell to address Black women’s unemployment

Rep. Pressley calls on the Fed, Powell to address Black women’s unemployment

by Gabe Hawkins and Desiree Luo | Sep 25, 2025 | Featured, Politics

WASHINGTON — Rep. Ayanna Pressley (D-Mass.) called for Federal Reserve Chair Jerome Powell to address growing unemployment rates for Black women by Sept. 30.  In a Thursday press conference with Black activists, Pressley urged the Fed to uphold its mandate to maximize...
Fed’s Barr Commits to Full Term Amid GOP Calls for Regulatory Pause

Fed’s Barr Commits to Full Term Amid GOP Calls for Regulatory Pause

by Heather Zhu | Nov 21, 2024 | Business, Featured, Politics

WASHINGTON – Michael Barr, Vice Chair of the Federal Reserve, reaffirmed his intent to serve his full term during a heated House Financial Services Committee hearing on Wednesday. The session was marked by Republican criticism of Biden-era financial regulations and...
Fed cuts rates, Powell emphasizes independence as Trump administration looms

Fed cuts rates, Powell emphasizes independence as Trump administration looms

by Heather Zhu | Nov 7, 2024 | Business, Featured

WASHINGTON – The Federal Reserve cut interest rates by 0.25% at its Nov. 7 meeting, with Federal Reserve Chair Jerome Powell underscoring the central bank’s commitment to its dual mandate and reinforcing its independence in response to potential political pressures...
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