Democrats are holding a press conference in support of Federal Reserve governor Lisa Cook ahead of Supreme Court arguments around her firing. The press conference is slated to begin at 9 a.m. Federal Reserve Chairman Jerome Powell is expected to be in attendance. Powell has been more open to criticism of President Donald Trump after he […]

One of the finalists to be President Donald Trump’s pick to lead the Federal Reserve has supported raising the corporate tax rate and said the United States needs higher immigration, putting him at odds with some of the administration’s policy positions. Rick Rieder, BlackRock’s chief fixed income strategist, has emerged as one of the leading […]

The second round of January Social Security payments for retirees, now capped at $5,108, will be issued today. When will payments arrive? Retirees born between the 11th and 20th of a month will receive this payment on Wednesday, Jan. 21.  The first round of payments went out on Jan. 14 to recipients born on or […]

President Donald Trump’s public feud with the Federal Reserve will make its way to the Supreme Court on Wednesday, when the justices weigh whether the president may fire Fed Governor Lisa Cook. The Supreme Court’s oral arguments in the emergency docket case come just over a week after Federal Reserve Chairman Jerome Powell announced he […]