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...
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...
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...
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...
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...