News

Federal Workforce Has Shed Some 22,000 Workers in Area Around DC
The federal government workforce in and around the nation’s capital has shrunk by about 22,100 in the year through May, a new report shows, and that number is poised to mount.
Fed Official Calls For Rate Cut Amid Ongoing Pressure From Trump
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July.
Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration
Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the head of the central bank of mismanaging an “ostentatious overhaul” of its ...
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Jerome Powell asks for probe into Federal Reserve’s $2.5B HQ renovation
The Trump administration has used the pricey project as a means to attack Federal Reserve chair Jerome Powell.
The ‘Fed Mahal’ Is an Act of Central-Bank Self-Sabotage
Any bureaucracy will build itself a palace if given the chance. This one is a threat to its independence.
Fed's Powell Asks Watchdog to Take Fresh Look at Renovation Project, Politico Reports
WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh ...
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Food banks see ripple effects from federal layoffs in DC region
The people who are in line at the Capital Area Food Bank’s distribution sites give a window into the ripple effects of the Trump administration’s cuts to the federal workforce.