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

5 possible changes that could hold up Trump’s ‘big beautiful bill’ in the Senate

5 possible changes that could hold up Trump’s ‘big beautiful bill’ in the Senate

The Senate has long been signaling that changes to the “One Big Beautiful Bill Act” are coming, and as Congress barrels toward President Donald Trump’s July 4 deadline, the contours of those changes are beginning to take shape. Senators met for over two hours on Wednesday to hear updates from committee chairs about proposed changes … Read more