The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Federal Reserve Vice Chair of Supervision Michael Barr's decision on Monday to resign early from his regulatory oversight role sets up an early test of how Donald Trump will try to shape the U.S. central bank during his second term as president.
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Donald Trump is back with bold claims, saying that “inflation is continuing to rage” and “interest rates are far too high.” His comments are stirring
Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.
Bitcoin's price could rise from $150,000 to $400,000 by 2025, with a potential 400% increase from its current price of $94,981, according to Blockware
The 10-year yield's sensitivity to inflation and activity data surprises last year was the highest in more than 20 years, according to Goldman Sachs