A jury found John Rogers guilty earlier this year of making a false statement but acquitted him of a more serious charge of conspiracy to commit economic espionage for China Source link
WASHINGTON — Federal Reserve Chair Kevin Warsh on Wednesday sought to evade a range of questions from senators on issues such as the impact of AI on inflation, what contacts he has had with President Donald Trump, and how the central bank will determine the persistence of inflation. Warsh has said since taking office seven … Read more
Federal Reserve Chair Kevin Warsh testified before the House Financial Services Committee Tuesday as new government data showed inflation rose 3.5% annually in June. Taurean Small reports from Washington, D.C. Source link
Federal Reserve Chairman Kevin Warsh vowed to tackle inflation during his first congressional testimony as the central bank’s leader on Tuesday, saying rising prices have placed an “undue burden” on American households and businesses. “The members of our [Federal Open Market Committee] have no tolerance for persistently elevated inflation. And we share a resolute commitment … Read more
The Federal Reserve’s rate decisions are just one of many factors that impact where mortgage rates head next. sommart/Getty Images Mortgage rates have changed a lot over the past year, and were especially volatile from late 2025 through the first half of 2026. Case in point? The average 30-year fixed rate dropped to 5.98% in … Read more
WASHINGTON — The Federal Reserve’s rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released … Read more
Home loan borrowers could benefit from making strategic moves now, before the July Federal Reserve meeting commences. Wanida Prapan/Getty Images A new month brings new developments for millions of American borrowers. And if you’re a homebuyer or owner looking to refinance, that may or may not be a good thing. After mortgage interest rates declined … Read more
Federal Reserve Chairman Kevin Warsh said Wednesday that inflation risks have declined in recent weeks but that the central bank still had more work to do to rein in rising prices. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. “Inflation risks have come down,” Warsh said, noting … Read more
The U.S. Supreme Court on Monday issued two landmark decisions that protected one agency’s independence from the president while stripping that protection from roughly two dozen other executive branch agencies. Neither of the rulings in Trump v. Cook and Trump v. Slaughter surprised court-watchers, but both represent significant decisions in the context of President Donald … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Supreme Court rules Trump cannot fire Fed member Lisa Cook 03:20 UP NEXT Some in MAHA movement express frustration over Supreme Court ruling on Roundup weed killer 03:09 Supreme Court allows Trump to end protected status for Haitian … Read more