Trump administration

A Senate bill to be introduced Friday would allow the Federal Reserve to purchase municipal debt, in an effort to ease the economic strain of the coronavirus pandemic on state and local governments.

GOP’s Shelby says he could support Shelton for Fed board

Republican Senator Pat Toomey said he’ll support President Donald Trump’s nomination of Judy Shelton for the Federal Reserve Board.

Three key Republicans on the Senate Banking Committee said Monday that they remain undecided on President Donald Trump’s nomination of Judy Shelton to the Federal Reserve Board.

Some muni market members don’t see hope for an infrastructure bill passing in 2020, even though Trump called for it in his address.

The Massachusetts senator took aim at certain views expressed by Judy Shelton, a Trump administration pick to sit on the Federal Reserve Board, that have sparked controversy.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

With the phase one trade deal with China finally signed, there should be less uncertainty, which will boost the economy. But will China adhere to the pact?

President Trump announced sanctions on Iran, but with no signals about other retaliation, the markets appear convinced of no further escalation of hostilities.

The markets suggest investors won't react to the impeachment of President Trump, while a mixed bag of indicators say the economy will continue growing at a moderate pace.

Most observers were skeptical, even as markets rallied after President Trump said a trade deal with China is close.

Judy Shelton, one of President Donald Trump’s most recent picks for the Federal Reserve board, challenged an article of faith regarding the U.S. central bank in private comments to a bank executive last month: that it should operate free of political influence.

President Donald Trump invited Federal Reserve Board Chair Jerome Powell to meet at the White House with him and Treasury Secretary Steve Mnuchin, with few details released.

Unlike previous central bank chiefs, Powell’s chances of being renominated by either the current president or many of the Democratic contenders are slim.

As the House of Representatives votes to approve next steps in President Donald Trump's impeachment inquiry, the muni market considers the possible impact.

The start of an impeachment inquiry brings uncertainty, as business investment continues to be soft.

The Federal Open Market Committee meeting featuring the release of a new Summary of Economic Projections should give the market a better clue as to whether the expected rate cut is part of a mid-cycle adjustment or the second step in an easing cycle.

Retail sales showed consumers continue to propel the economy, though the number excluding autos was weaker than forecast.

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.

President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.