Trump’s case against Fed chair Powell
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Fed Meeting, Tariffs Deadline, Jul. Jobs Report
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A federal judge on Monday denied a request by a Donald Trump ally to force the Federal Reserve committee responsible for directing US monetary policy to make its meetings publicly accessible and accused an investment firm of wasting the court’s time.
Federal Reserve officials will meet this week to make the central bank’s latest decision on how to handle its benchmark interest rate.
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On Thursday, staff at the Federal Reserve led a small group of journalists, photographers and television cameras on an extensive tour of the large, active construction site that comprises two 1930s-era buildings.
The S&P 500 and Nasdaq are also pointing up in premarket trading. Treasury yields are rising and Bitcoin is falling.
Trump will visit the headquarters of the Federal Reserve today, the White House said. The unusual visit comes as the president has tried to pressure Chair Jerome Powell to lower interest rates and amid criticism by him and top administration officials over the cost of renovations to the building.
Experts met at the Fed to discuss the future of banking regulation, with Chair Powell emphasizing the need for a cohesive capital framework.
U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair Jerome Powell faces mounting pressure to resign.
A new data interactive and a recent webinar from the SF Fed Community Engagement and Analysis team shed light on homeownership trends in the 12th District.