Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing display of fake outrage."

Congressional Republicans are ramping up scrutiny of the Federal Reserve, just as the central bank confronts stubborn inflation and broader questions about its role as a bank regulator.

House Republicans are in a celebratory mood in the lead-up to President Donald Trump’s joint address to Congress Tuesday evening.

Scrutiny of the Federal Reserve is intensifying this week in Washington, D.C., as a new congressional panel gathers to discuss whether the central bank should focus more exclusively on fighting inflation amid a broad review of the central bank.

Polls show that Americans’ confidence is slipping in President Trump’s ability to handle the economy – the most important issue in the 2024 election and the one that likely carried Trump to a

Meanwhile, the administration will proceed with tariffs on Mexico and Canada, which economists say will drive up prices for consumers.

Advocates of the measure say if signed into law it would help those who participate have better purchasing power.

President Donald Trump will use his remarks before a joint session of Congress to spell out his vision for the next four years.

Taken together, the combination of increased concern about the effects of Trump’s economic proposals and heightened inflation are a warning sign for the new administration as it tries to deliver on its promise of broad tariffs on imported goods, tax cuts and mass deportations of immigrants.

Newsweek reported that Rep. Joe Wilson (R-S.C.) has proposed legislation that would direct the Bureau of Engraving and Printing to design a new $250 bill that would feature the face of the two-time Republican president. If the legislation passes, Trump would be the only living current or former president to have his face on U.S. currency.

Democrats tend to favor maximum employment, while Republicans tend to emphasize the fight against inflation. "The Fed enjoys broad independence in its implementation of monetary policy," the task ...

Democrats tend to favor maximum employment, while Republicans tend to emphasize the fight against inflation. "For far too long, we have witnessed too many distracting ‘mandates’ diluting the ...