Rep. Robert Garcia elected top Democrat on House Oversight Committee – CBS News Watch CBS News Rep. Robert Garcia of California has been elected as the top Democrat on the House Oversight Committee, becoming one of his party’s most visible foils to the Trump administration. Political strategists Joel Payne and Matt Gorman, along with CBS … Read more
Fed Chair on why rates stayed steady Fed Chair Jerome Powell explains why rates stayed steady, unlike in December 05:11 Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs. Powell, who made his remarks in prepared testimony Tuesday before the … Read more
President Trump suggested Friday he may try to fire Federal Reserve Chair Jerome Powell, calling the central bank leader a “Total and Complete Moron” for leaving interest rates steady. The president has been lashing out against Powell for months, criticizing the central banker — whom Mr. Trump appointed in his first term — for not … Read more
Trump reacts to Fed decision on interest rates, insults Powell for his actions – CBS News Watch CBS News President Trump is blasting Federal Reserve Chairman Jerome Powell for his decision to leave the benchmark interest rate unchanged. CBS News contributor Javier David has more. Be the first to know Get browser notifications for breaking … Read more