Americans eager for lower borrowing costs may have a long wait ahead of them. The Iran war is complicating the picture for the Federal Reserve, which is set to meet on March 18 for its next interest rate decision. Economists had predicted the Fed would hold its benchmark rate steady on Wednesday, but many had penciled … Read more
Washington — One year ago, Rebecca Ferguson-Ondrey and Drew Ruby-Howe were abruptly terminated from their jobs at the U.S. Department of Health and Human Services. They are among more than 300,000 workers to leave the federal government as part of cuts by the second Trump administration’s Department of Government Efficiency, or DOGE. Ferguson-Ondrey said she did not cope well in … Read more
How two fired federal workers are helping others like them – CBS News Watch CBS News Two former federal workers are turning their firings into a movement to help others. Nikole Killion has their story. Source link
NEWYou can now listen to Fox News articles! Jurors delivered a mixed verdict Friday in the federal trial of nine people accused of carrying out a 2025 “ambush” attack on an ICE detention facility in North Texas. Their verdict was delivered around 2:30 p.m. Friday at the federal courthouse in Fort Worth following roughly a … Read more
Judge quashes subpoenas sent to Federal Reserve as part of DOJ probe – CBS News Watch CBS News A judge on Friday quashed subpoenas sent to the Federal Reserve as part of the Justice Department’s criminal probe. CBS News justice correspondent Scott MacFarlane has the details. Source link
“Abundant evidence” exists that the subpoenas were designed to “harass and pressure Powell” to yield to President Trump, according to the ruling. Source link
Washington — A federal judge has quashed a pair of grand jury subpoenas sent to the Federal Reserve Board as part of a criminal probe by U.S. Attorney Jeanine Pirro’s office, saying they were merely a pretext to pressure Chairman Jerome Powell into voting for lower interest rates or resigning. “There is abundant evidence that … Read more
NEWYou can now listen to Fox News articles! The Justice Department filed a criminal complaint this week against a Venezuelan national accused of assaulting a federal officer and grabbing and possessing the officer’s firearm while resisting arrest outside a place of business earlier this month. Law enforcement officers assigned to the Department of Homeland Security’s … Read more
The FBI has closed a politically charged voter fraud inquiry sought by Nevada’s top federal prosecutor, after finding only 38 non-citizens may have voted in the 2020 presidential election, sources with direct knowledge of the probe told CBS News. The FBI ended the inquiry in late January, after Sigal Chattah, the first assistant U.S. attorney … Read more
NEWYou can now listen to Fox News articles! FIRST ON FOX: Republican Sen. Tim Scott unveiled new legislation Wednesday that he says is aimed at protecting students from learning loss caused by health emergency lockdowns and teachers union strikes. Under the legislation, known as the Kids in Classes Act, local school districts receiving Title I funds … Read more