NEWYou can now listen to Fox News articles! A federal judge blocked the Justice Department’s efforts to issue a pair of grand jury subpoenas sent to the Federal Reserve Board after concluding they were merely a “pretext” to pressure Federal Reserve Chairman Jerome Powell into lowering interest rates or resigning. In the ruling, U.S. District … Read more
A federal judge on Friday said he was blocking subpoenas that the Justice Department served to Federal Reserve Chair Jerome Powell in a probe purported to be about the management of the central bank’s renovation. “A mountain of evidence suggests that the Government served these subpoenas on the Board to pressure its Chair into voting … Read more
NEWYou can now listen to Fox News articles! In a scathing rebuke of President Donald Trump’s endorsement track record, former Rep. Bob Good suggested that the president’s picks would be better used to know which candidates not to support in election contests. “Truth…face it… Trump IS the problem…not his advisors (that he picks because they … Read more
NEWYou can now listen to Fox News articles! In a scathing rebuke of President Donald Trump’s endorsement track record, former Rep. Bob Good suggested that the president’s picks would be better used to know which candidates not to support in election contests. “Truth…face it…Trump IS the problem…not his advisors (that he picks because they say … Read more
The Trump administration has formally nominated Kevin Warsh, a former top Federal Reserve official, to be next Fed chair when Jerome Powell’s term ends in two months WASHINGTON — The Trump administration has formally nominated Kevin Warsh, a former top Federal Reserve official, to be the next Fed chair when Jerome Powell’s term ends in … Read more
NEWYou can now listen to Fox News articles! California Gov. Gavin Newsom’s viral comment about his poor SAT score and difficulty reading is drawing criticism from the chairwoman of the California Republican Party, who says it speaks to a broader issue of the way Democrats speak to Black voters in a condescending way. “My first … Read more
Washington CNN — Artificial intelligence tools such as ChatGPT could lead to a “turbocharging” of consumer harms including fraud and scams, and the US government has substantial authority to crack down on AI-driven consumer harms under existing law, members of the Federal Trade Commission said Tuesday. Addressing House lawmakers, FTC chair Lina Khan said the … Read more