Traders gear up for June interest rate hike after Biden renominates Powell
Wall Street is bracing for the Federal Reserve to raise interest rates from near-zero in June after President Biden on Monday picked Jerome Powell to lead the central bank for another four years.
Thanksgiving travel rush: TSA says it's prepared to handle estimated 20M passengers
The TSA has been stepping up hiring efforts around the country in order to be well prepared for the volume of travelers, which will be "notably higher" than what has been seen in recent weeks.
Economist Steve Moore on Fed announcement: Brainard 'would have been a disaster'
FreedomWorks economist Stephen Moore argued on Monday, shortly after President Biden announced that he will nominate Jerome Powell to a second term as chairman of the Federal Reserve, that Lael Brainard “would have been a disaster” in the role.
Build Back Better expands EV tax credit with $12.5K incentive on American-made electric cars
The Biden administration's trillion-dollar spending plan offers enhanced incentives for EV buyers who purchase a car through a domestic automaker.
Biden taps Fed’s Lael Brainard for vice chair: What to know
President Biden has tapped the Fed's Jerome Powell and Lael Brainard for top roles.
Biden taps Jerome Powell for second term as Fed chair, spurning progressives
President Biden will nominate Jerome Powell to a second term as chairman of the Federal Reserve, signaling that he believes the battle-tested central bank chief is the best person for one of the most high-stakes jobs in the world.
Spending bill passed but leftists got rolled, expert says: 'Perfect storm of badness for House progressives'
House progressives initially pushed for a $3.5 trillion reconciliation bill passed before an infrastructure bill. They got neither.
Kudlow: 'We truly have too much money chasing too few goods'
FOX Business host Larry Kudlow explains how inflation is here to stay.
Biden's potential Fed chair pick refuses to say if she's a capitalist or a socialist
A top candidate to be the next chair of the Federal Reserve refused three times to say whether or not she was a capitalist or a socialist in 2019.
Biden spending bill IRS enforcement plan draws dire warnings from GOP
As President Biden’s $1.75 trillion spending bill advances to the Senate, Republicans are issuing dire warnings about an aggressive IRS tax enforcement proposal that will be a key factor in determining whether the expansive legislation’s costs are fully covered.
SALT deduction in Democrats' spending plan provides little middle-class help, analysis shows
The sweeping social spending and climate bill that House Democrats passed on Friday morning includes a temporary repeal of a Trump-era limit on the state and local tax deduction – a policy that would deliver huge windfalls to the wealthy while providing almost no benefit to middle-class Americans.
White House defends Treasury nominee Omarova as 'eminently qualified' after she walks back past statements
The White House on Friday defended President Biden's nominee for Treasury Comptroller of the Currency Saule Omarova, calling her “imminently qualified” for the role, just a day after she was forced to walk back past controversial statements.
White House stands by claim that reconciliation bill won't add to deficit, despite CBO score
The White House on Friday maintained that President Biden’s “Build Back Better” agenda, which passed the House of Representatives Friday morning and is headed to the Senate, will not add to the deficit—despite the nonpartisan Congressional Budget Office score stating the contrary.
House passes Biden's Build Back Better spending plan, here's how it may impact your finances
President Biden's Build Back Better spending plan was narrowly passed by the House of Representatives on Friday. Here's what it means for your finances.
Dems take victory lap on Biden's spending plan as Pelosi downplays looming Senate changes
House Democrats on Friday celebrated the passage of a sweeping $1.75 trillion tax and spending plan that makes up the bulk of President Biden's economic agenda, billing the measure as "transformational," even as it faces an uphill battle – and looming changes – in the Senate.
Harvard economist on ‘eye-popping’ inflation amid Federal Reserve uncertainty
Harvard Economist Kenneth Rogoff discusses inflation, Biden’s Build Back Better agenda and the Federal Reserve.
Varney: Biden’s Build Back Better is ‘financial trickery’
FOX Business' Stuart Varney breaks down why Build Back Beter is "financial trickery" during his latest "My Take."
House passes Biden spending bill after months of delays
House lawmakers voted to pass President Biden’s expansive spending bill on Thursday night despite strong opposition from Republicans and lingering questions about the White House’s claim that the cost of its policies will be fully covered.
Biden Treasury pick Omarova could lead to demise of community banks, banking industry CEO warns
Florida Bankers Association CEO Alex Sanchez discusses the fate of community banks under Biden’s to Treasury post nominee.
McCarthy slams Biden spending bill in marathon floor speech, delaying vote
House GOP Leader Kevin McCarthy, R-Calif., spoke for more than two hours on the floor ahead of a crucial House vote on Thursday night, making his final case against the President Biden social spending bill that Republicans say will cause long-term damage to the U.S. economy.

















