Former Obama Treasury adviser in New York Times: ‘The Fed should make amends for its mistakes’
Fox News
Steven Rattner, who worked at the Department of Treasury during the Obama presidency, criticized the U.S. Federal Reserve for being slow to act on inflation.
Joe Silverstein is a production assistant for Fox News Digital.
But, he said, "The Fed has yet to evince a full grip on this reality," arguing that "far more substantial interest rate increases have always been necessary to restrain fast rising prices."
The economist noted that while raising the interest rates are necessary, "higher rates slow inflation by slowing the economy, which in turn means fewer jobs, higher unemployment and often, a recession."
Incoming border czar Thomas Homan will join Texas Gov. Greg Abbott in Eagle Pass, Texas, on Tuesday, and will serve meals to troops stationed at the border.
There are those who want to see me fail. They call themselves allies to Blacks, but their actions always result in the same song and dance: keeping Blacks down and victimized.
A federal judge in Kentucky blocked a Biden-Harris Labor Department rule, saying it would have allowed foreign farmworkers with H-2A visas to unionize.
An illegal migrant accused of shooting an Orthodox Jewish man on his way to a Chicago Synagogue used his cellphone to search for synagogues and Jewish community centers in the area.
The identity politics form of left-wing politics is a virus that spreads itself, funding activists and ideology from whatever city or university department it infects.
The Biden administration is looking to expand access to anti-obesity GLP-1 drugs like Ozempic and Wegovy for people who have Medicare and Medicaid.
A Florida real estate developer facing a homicide charge turned himself in to authorities two years after his involvement in a 2022 boat crash killed a teenage girl.
By firing a new class of hypersonic missile at Ukraine, Putin aimed to signal to Biden that US and NATO allies can be targeted with missiles that are almost impossible to intercept and detect whether they carry a nuclear warhead or not.
Kurt “CyberGuy" Knutsson explains how to safeguard retirement accounts from cyber threats with a VPN: encryption, anonymity, secure access.
After months of requests and a looming contempt vote, Antony Blinken agreed to testify in front of the GOP controlled House under threat of contempt vote.
If President-elect Trump is going to succeed, pushing a budget through quickly is essential. He needs to use to deliver on his campaign promises and then follow up with DOGE cuts.