Rep. Jamie Raskin slapped with ethics complaint over failure to report wife's huge stock payout
Democratic Rep. Jamie Raskin was hit Monday with an ethics complaint over his failure to properly disclose stock shares that his wife, Sarah Bloom Raskin, received for her work at a Colorado-based financial technology company.
Surprisingly strong January jobs report boosts odds of Fed half-point rate hike in March
The Federal Reserve could kick off its interest rate hikes in March with a 50-basis point increase after the surprisingly strong January jobs report suggested the economy is more resilient than initially believed.
The Fed’s five rate hikes ‘too much for market to bear,’ Ex-Treasury economist says
Former Treasury Department economist David Beckworth argues against multiple rate hikes in an economy that's already slowing.
Sarah Bloom Raskin grilled over controversial climate views during fiery confirmation hearing
Republicans skewered Sarah Bloom Raskin, President Biden’s nominee to become the Fed's top banking regulator, over concerns that her climate regulation views could endanger the Fed's independence.
Rep. Jamie Raskin failed to report huge stock payout for his wife, a Biden Fed nominee
Democratic Rep. Jamie Raskin violated a federal conflict-of-interest law by failing to properly disclose stock shares that his wife – President Biden's nominee to be the Federal Reserve's top banking regulator – received for her work at a Colorado-based financial technology company, a source familiar with the matter told FOX Business.
Toomey clashes with Biden Fed nominees on climate, 'left-wing' politics, Dems say attacks lack 'common sense'
Sen. Pat Toomey, the ranking member of the Senate Banking Committee, warned Thursday that two Biden nominees for financial regulator jobs could abuse the Fed's power.
Biden Fed nominee to face tough questions over climate activism from Senate Republicans
Sarah Bloom Raskin, President Biden’s nominee to become the Federal Reserve's top Wall Street regulator, could face difficult questions from Senate Republicans on Thursday over concerns that her "extreme" stances on issues like climate change could endanger the central bank's independence.
Probability of recession predicted by former Fed official
Former Federal Reserve Bank of Atlanta President Dennis Lockhart said that he isn’t ruling anything out regarding a potential recession in the coming years, but argued the odds are “low.”
Treasury officials in 17 states endorse Biden's Fed nominees, touting 'unparalleled expertise' and 'diversity'
Treasury officials in more than a dozen states have endorsed all three of President Biden's nominees to the Federal Reserve, touting their "unparalleled expertise" and the "diversity" they would bring to the system.
Fed expected to raise rates 7 times this year to fight inflation, BofA says
Bank of America economists expect the Federal Reserve to hike interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle inflation.
Biden's Fed nominee Raskin opposed by 24 state financial officers over 'radical' economic views
Sarah Bloom Raskin, nominated by President Biden earlier this month for the Fed's top regulatory job, is facing pushback from 24 state financial officers, who have sounded the alarm over her "radical" economic views.
30-year mortgage rates drop slightly as market awaits Fed’s March rate hike
Mortgage rates took a temporary pause from their upward growth, decreasing slightly for this week. But experts say it won't last for long.
Another small interest rate hike will still hit your wallet
The Federal Reserve is set to hike interest rates yet again on Wednesday, and while it will likely be a smaller increase, the move will still mean higher costs for borrowers.
Fed signals March rate hike – here’s what that means for your wallet
The Federal Reserve signaled it will raise rates in March. Here's how that will affect your wallet.
Key inflation gauge surges 5.8% in December, fastest pace in four decades
Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.
Major US port hits container record as supply chain disruptions continue to roil US
The Port of Savannah hit a container record last year, handling nearly six million container units of imports and exports amid continued supply chain bottlenecks.
Fed Chair, Ford CEO agree: No quick fix for semiconductor crunch
There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.
Fed statement, inflation update and Powell press conference: RECAP
Fed Chairman Jerome Powell is under pressure to get inflation under control without raising interest rates too fast.
Fed signals interest rate hike could come 'soon' as inflation rages
The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.
Yellen threw gasoline into ‘inflation fire’: Former White House economist
Former Chairman of the Council of Economic Advisers Kevin Hassett joined “Mornings with Maria,” Wednesday, arguing that Treasury Secretary Janet Yellen threw gasoline into the “inflation fire” and discussed Yellen rebranding Biden’s economic agenda as “modern supply-side economics.”














