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Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building, which he called a “palace” where costs are running amok. In a potential escalation of President Donald Trump’s feud with Fed Chair Jerome Powell, Vought told CNBC that an investigation is warranted into whether…

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Fed minutes: October 2025

Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed. While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook…

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Trump calls for New York Giants to hire Harbaugh

President Trump has decided where he wants to see former Baltimore Ravens head coach John Harbaugh next season. After urging NFL franchises to consider hiring Harbaugh “expeditiously” earlier this week, Trump said Saturday it should be the New York Giants. “The New York Football Giants should, without question, hire John Harbaugh – and John,… Source…

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