Senate Banking Committee Chairman Tim Scott (R-SC) says President Donald Trump and congressional Republicans are prioritizing economic relief for working Americans.
Senator Bernie Moreno (R‑OH) blasted economic “experts” and Federal Reserve leadership during a Breitbart News policy event, declaring they’ve been “catastrophically wrong."
Federal Reserve officials have been cautious about lowering interest rates, with many citing concerns that tariffs—particularly under President Trump’s trade policies—could fuel inflation.
President Donald Trump’s push to roll back energy regulations is aimed at lowering inflation and easing the cost of living, according to EPA Deputy Administrator David Fotouhi.
Federal Reserve officials are increasingly divided over the future of interest rates, with a growing rift between those who believe monetary policy is too tight for a softening labor market and others who remain focused on persistent inflation. The disagreement comes on the heels of last week’s quarter-point rate cut and reflects broader uncertainty over how to balance the Fed’s dual mandate of stable prices and maximum employment.