Treasury Secretary Bessent now says it’s OK for the Fed to wait to lower rates amid oil surge

U.S. Treasury Secretary Scott Bessent waits for the first meeting of U.S. President Donald Trump’s anti-fraud task force convened by U.S. Vice President J.D. Vance at the Eisenhower Executive Office Building on the White House campus in Washington, D.C., U.S., March 27, 2026. Jonathan Ernst | Reuters U.S. Treasury Secretary Bessent said the Federal Reserve…

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Warsh Fed nomination hearing set for mid-April

Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images The Senate Banking Committee will hold a nomination hearing on April 16 for Kevin…

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Fed subpoenas blocked by judge; DOJ to appeal

A federal judge in a scathing ruling blocked subpoenas issued by a grand jury to the Federal Reserve as part of a criminal investigation of Chair Jerome Powell. U.S. Attorney for the District of Columbia Jeanine Pirro immediately said that the Department of Justice would appeal what she called the “outrageous” ruling, after it was…

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DC Subway sandwich thrower avoids grand jury indictment

A person walks past Banksy-style posters of a protester throwing a sandwich on August 21, 2025 in Washington, DC. Kevin Dietsch | Getty Images Prosecutors failed to obtain a grand jury indictment against a former Department of Justice employee who allegedly hurled a Subway sandwich at a federal officer whom President Donald Trump deployed in Washington,…

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