The average rate on a 30-year mortgage is about 6.65%. Millions of potential buyers are sitting on the sidelines, hoping the Federal Reserve will cut interest rates enough to make their monthly payments affordable.The Fed…
Newly installed Federal Reserve Chair Kevin Warsh is experiencing a bout of policy reality. If you preserve the status quo, you’ll be attacked. If you challenge the status quo, you’ll be attacked even more.Warsh knew this…
Affordability is at the top of mind for voters this campaign season, with politicians promising they’ll make stuff cost less What’s lacking in these promises is an explanation of what is driving prices up in the first place…
It is no exaggeration to say that newly installed Federal Reserve Chairman Kevin Warsh will be one the most scrutinized heads of the institution.His highly anticipated debut in this new role is scheduled for the central…
Desmond Lachman writes about the latest challenges facing America’s central bank. Mike Tyson famously said that everyone has a plan until they are punched in the face. We have to wonder whether the same might be said of…
Ira Stoll writes for the Washington Free Beacon about a significant opportunity for the Federal Reserve’s new leader. A new chairman of the Federal Reserve is an opportunity to scale back the system’s staff, whose numbers…
Four committee members dissented Wednesday from the Federal Reserve’s statement to keep the central bank’s benchmark interest rate unchanged, marking the highest level of opposition since 1992 as Chairman Jerome Powell is set…
President Donald Trump said Wednesday a federal probe into Jerome Powell will continue and that he will fire the Federal Reserve chairman if he refuses step down.Powell said in March he will not leave his position at the…
President Donald Trump’s new pick to lead the Federal Reserve could take the central bank in a direction sharply different from the eight years under outgoing Fed Chair Jerome Powell, according to analysts.Trump announced…
Shawn Fleetwood of the Federalist analyzes the U.S. Supreme Court’s commentary about a case involving President Donald Trump’s executive power. The U.S. Supreme Court sent mixed signals on Wednesday about how it will rule on…
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