Rep. Pettersen brings baby son along as she questions Fed chairman at hearing

Rep. Pettersen brings baby son along as she questions Fed chairman at hearing

It’s not something you see every day at congressional hearing on the economy and interest rates. As members of Congress grilled Federal Reserve Chair Jerome Powell on Tuesday — one lawmaker asked questions with her tousled-haired 5-month-old baby squirming in her lap. Democratic Rep. Brittany Pettersen brought her son Sam to the hearing and somehow … Read more

Fed expected to hold interest rates steady, defying Trump

Fed expected to hold interest rates steady, defying Trump

The Federal Reserve on Wednesday will issue a new decision on the level of its benchmark interest rate, testing a wait-and-see approach adopted by the central bank in recent months as it observes potential effects of President Donald Trump’s tariff policy. The posture of restraint at the Fed has elicited sharp and repeated criticism from … Read more