New Year, New FOMC Voting Members
A new year ushers in a new class of voting members on the Federal Open Market Committee. While the seven members of the Fed’s ...
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Powell says Fed can take its time on rate cuts
Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than ...
Susan Collins in spotlight for Tulsi Gabbard, RFK Jr. confirmation hearings
Maine's Republican senator plans to question both during separate hearings scheduled for Thursday morning, and she seen as a ...
New Voters Could Shake Up Fed Meetings This Year
The new voters on the Federal Reserve’s policy committee in 2025 are an official seen as one of the system’s most dovish, as ...
Why Susan Collins said 'no' to Pete Hegseth as defense secretary
Republican Sen. Susan Collins voted Thursday against advancing President Donald Trump's choice for defense secretary, who has ...
Will Pete Hegseth be confirmed as Defense Secretary? Maine Sen. Susan Collins votes no
Maine, breaks with party to vote against Pete Hegseth, Trump's nominee for Defense Secretary. Can he still get confirmed?
Susan Collins: ‘Troubling’ that Hegseth FBI report omitted key information
Sen. Susan Collins (R-Maine) told reporters Wednesday that she was concerned that the FBI’s background investigation report ...
Fed's two-day meeting has started, no move expected
The Federal Open Market Committee, better known as the Fed's interest-rate committee, began its two-day meeting this morning at 8:30 a.m. as scheduled, a Fed spokesperson said. Economists and ...
Jerome Powell says Fed doesn’t need to be in a hurry to lower rates
Federal Reserve Chair Jerome Powell said officials are not in a rush to lower interest rates, adding the central bank is ...