Tag: Federal Reserve

Trump’s Pick for Federal Reserve Drawing Bipartisan Backlash

President Trump’s pick for a seat on the Federal Reserve Board is drawing criticism from both sides of the aisle. The bipartisan criticism is rare. According to The Hill: Senators in both parties voiced deep concerns Thursday about one of President Trump’s picks to serve on the Federal Reserve Board, raising doubts about the nominee’s ability to

Federal Reserve Caving to Trump’s Pressure?

President Trump has been pressuring the Federal Reserve to cut interest rates and it appears that they are going to do just that. According to The Hill: The Federal Reserve is likely to cut interest rates this week, a move that comes amid growing pressure from President Trump and new uncertainties about the global economy. The Fed