Tag Archives: Federal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Joseph Strange, a former sound engineer for acclaimed rapper Eminem, has been charged with stealing the rapper’s unreleased songs and selling them in exchange for the market’s leading cryptocurrency, Bitcoin (BTC).  The allegations, detailed in a criminal complaint filed in Michigan, reveal that Strange allegedly sold 25 …

As was widely expected, the U.S. Federal Reserve has stood pat on interest rates. However, the American central bank warned of slowing growth and rising inflation ahead. The Fed lowered its economic outlook as part of its latest projections, saying it expects the U.S. economy to grow at 1.7% this year, down from a previous forecast of …

The only two Democrats on the US Federal Trade Commission have been fired by President Donald Trump, the White House said, opening the door for the Republican to appoint loyalists at the independent regulatory agency. The FTC’s primary function is to protect the American public against deceptive or unfair business practices. Speaking on condition of anonymity, a White House official …

United States District Judge Theodore Chuang in Maryland has ruled that the Elon Musk-headed Department of Government Efficiency or DOGE, “likely violated the Constitution” by dismantling of the US Agency for International Development (USAID), as per an AP report. The judge has also indefinitely blocked DOGE from making further cuts to the agency. The order requires the Trump administration to …

U.S. President Donald Trump has appointed current Federal Reserve Governor Michelle Bowman to take over the central bank’s top supervisory role. Governor Bowman got the promotion after previous Federal Reserve Vice Chair for Supervision Michael Barr resigned from the role, although he remains a governor of the central bank. Bowman’s appointment is considered good news for U.S. banks …

The Federal Reserve starts its meeting tomorrow through Wednesday. The market is pricing odds of the central bank holding rates. However, might the Fed slash rates instead? Mortgage holders prefer the Fed to lower its federal funds rate. That would lower the benchmark interest rate and consequently, mortgage rates. Savers who hold certificates of deposit accounts, however, would …

Senate Minority Leader Chuck Schumer is facing the biggest revolt from Democrats in years, but in a conversation with The Interview after his crucial vote supporting a Republican federal spending bill this past week, he tried to brush off questions about whether he should step aside. Democratic officials appeared stunned when Schumer did an about-face on the spending bill, arguing …

Credit: AFGE via Wikimedia It’s taken decades too long, but Republicans have finally introduced a bill that would effectively get rid of federal “labor unions.” The Federal Workforce Freedom Act “would prohibit federal employees from organizing or joining labor unions in order to collectively bargain, as well as forbid federal agencies from participating in collective bargaining negotiations with labor unions …

The Trump administration’s push to drastically shrink the federal government shifts to a new gear Thursday, when agencies face a deadline to submit plans for large-scale layoffs and budget cuts. With them, the list of government job cuts that for weeks had been measured in the tens of thousands — and included retirements, deferred resignations, and selective firings — is …

Credit: The White House via Wikimedia Commons More than $128 million of federal taxpayer money was spent on at least 341 grants to fund gender ideology initiatives under the Biden administration, according to an analysis of federal data by the American Principles Project. In, “Funding Insanity: Federal Spending on Gender Ideology under Biden-Harris,” APP says it “found how the federal government has …