Federal Reserve

75 Percent of ‘Poorly Targeted’ $800 Billion PPP Money Sent to Unintended Recipients: Study

A multi-billion-dollar pandemic-era stimulus program meant chiefly to help small businesses keep staff on the payroll and hire back laid off employees was poorly...

This July 4th, Let’s Commit to Restoring the American Dream

There are many challenges facing our country this July 4th and I want to make sure the American Dream is available for generations to...

Nearly 80% Of Democrats Believe America on Wrong Track

Nearly 80% of Democrats believe the United States is headed in the wrong direction under the leadership of Democratic President Joe Biden.

Biden: Americans Will Pay High Gasoline Prices for “As Long as It Takes”

A defiant President Joe Biden, in a Thursday press conference at the end of the NATO summit, said that Americans should expect to pay high gasoline prices for “as long as it takes” to get Russia out of Ukraine.

Mortgage Rates Highest Since 2008 as Housing Market Continues to Cool Off

Mortgage rates have reached their highest levels in nearly 15 years, a factor that's contributing to a continued cooling of a housing market that's been white-hot for over two years.

New Bill Would Mandate Federal Reserve to Promote ‘Racial and Economic Justice’

A new bill would extend the Federal Reserve’s mandate to promote “racial and economic justice,” prompting concerns as to whether this would lead to discrimination.

Americans Become Deeply Pessimistic About Economy as Consumer Confidence Hits Record Low

American consumers have never been this pessimistic about the economy, with the University of Michigan consumer confidence index plunging to a record low, as soaring inflation erodes household purchasing power and threatens a cost-of-living crisis.

Yellen Says High Inflation Will Stick Around All Year

Treasury Secretary Janet Yellen said Sunday that high inflation would persist for the remainder of 2022 and that, while she expects the U.S. economy...

US Stocks Sink to Lowest in a Year

US stocks plummeted on Thursday, with the Dow Jones Industrial Average falling 700 points below 30,000 for the first time in more than a year.

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