Watch live: Trump pick to lead economic advisory panel faces confirmation hearing before Senate

Christopher Fallon, President Trump’s pick to lead the White House Council of Economic Advisers, will testify before the Senate Housing, Banking and Urban Affairs Committee on Thursday morning regarding his nomination to lead the key advisory panel. If confirmed by the Senate, the former University of Minnesota professor will replace Stephen Miron, who stepped down……

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PCE inflation report May 2026:

The Federal Reserve’s primary price gauge rose at its highest core level since 2023, reinforcing the central bank’s recent tough talk on inflation. The personal consumption expenditures price index showed inflation running at a seasonally adjusted 4.1% annual rate, the highest since April 2023, according to a Commerce Department report Thursday. On a monthly basis,…

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