Federal Reserve

U.S. Federal Reserve Cuts Interest Rate by Half-Percentage Point Amid Coronavirus Fears

The vote for the emergency cut to a range of 1% to 1.25% was unanimous

Stephen Moore of The Heritage Foundation is interviewed by CQ in his Washington office, Aug. 31, 2016. President Donald Trump says Moore, his pick for the Federal Reserve board, has withdrawn amid controversy.

Republicans Quietly Relieved After Stephen Moore Withdraws From Federal Reserve Nomination

Senate Republicans are breathing a sigh of relief after President Donald Tr...

Senate Republicans are breathing a sigh of relief after President Donald Trump's controversial pick for the Federal Reserve decided to bow out in the face of persistent controversy over his past remarks. The decision spared...

Stephen Moore of The Heritage Foundation is interviewed by CQ in his Washington office, Aug. 31, 2016.

Trump's Pick for the Nation's Central Bank Has Economists Worried

Donald Trump is no stranger to controversial nominees, but his latest pick ...

Donald Trump is no stranger to controversial nominees, but his latest pick for the Federal Reserve Board has proven unusually contentious. Since Trump announced in late March on Twitter that he would nominate Stephen Moore...