Author: Sylvan Lane

President Trump announced Friday his intention to nominate Kevin Warsh to chair the Federal Reserve Board, ending months of speculation about his plans for the bank. Warsh’s experience on the Fed board and Wall Street, close political ties to Republicans and reputation as an independent thinker make it likely he will be confirmed by the…

President Trump early Friday nominated former Federal Reserve board member Kevin Warsh to be the central bank’s next chair. “I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM,” Trump wrote on Truth Social. “I have known Kevin for a…

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Greene backs ‘tax revolt’ by frustrated Trump voters Outgoing Rep. Marjorie Taylor Greene (R-Ga.) backed a “tax revolt” among supporters of President Trump on Wednesday. © Greg Nash “Almost every Trump voter I see on X…

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a new leader. The Federal Open Market Committee (FOMC), the panel of Fed officials responsible for monetary policy, is expected to…

The Bureau of Labor Statistics (BLS) announced Friday that it would not produce its highly anticipated monthly inflation report for October after being unable to collect key data during the government shutdown. BLS said it will not release an update to the consumer price index (CPI) for October because it was unable to retroactively obtain…

96 <!– *{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img+div{display:none}sub,sup{font-size:75%;line-height:0}#converted-body .list_block ol,#converted-body .list_block ul,.body [class~=x_list_block] ol,.body [class~=x_list_block] ul,u+.body .list_block ol,u+.body .list_block ul{padding-left:20px} @media (max-width:620px){.desktop_hide table.icons-outer{display:inline-table!important}.image_block div.fullWidth{max-width:100%!important}.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide table{display:table!important;max-height:none!important}.reverse{display:table;width:100%}.reverse .column.first{display:table-footer-group!important}.reverse .column.last{display:table-header-group!important}.row-7 td.column.first .border{padding:5px 5px 15px 25px;border-bottom:15px solid transparent}.row-11 td.column.last .border,.row-7 td.column.last .border,.row-9 td.column.last .border{padding:5px 20px 25px 5px}.row-11 td.column.first .border,.row-9 td.column.first .border{padding:5px 5px 15px 25px}} sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy <!–   The Big Story Inflation hits 3 percent as food, energy prices rise Prices rose slightly less than Wall Street…

The federal government will stop producing key economic data if government funding elapses Wednesday, depriving policymakers and investors of crucial information amid deep concerns about the job market. If President Trump and Democratic lawmakers fail to reach a funding deal before a Wednesday deadline, the Bureau of Labor Statistics (BLS) will shutter until the shutdown is over, according to a contingency plan released Monday by the Labor Department. That would prevent BLS from releasing the highly anticipated September jobs report on Friday as scheduled, and could delay the agency’s collection of other key economic data. BLS also produces consumer price…

96 <!– *{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img+div{display:none}sub,sup{font-size:75%;line-height:0}#converted-body .list_block ol,#converted-body .list_block ul,.body [class~=x_list_block] ol,.body [class~=x_list_block] ul,u+.body .list_block ol,u+.body .list_block ul{padding-left:20px} @media (max-width:620px){.desktop_hide table.icons-outer{display:inline-table!important}.image_block div.fullWidth{max-width:100%!important}.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide table{display:table!important;max-height:none!important}.reverse{display:table;width:100%}.reverse .column.first{display:table-footer-group!important}.reverse .column.last{display:table-header-group!important}.row-11 td.column.first .border,.row-7 td.column.first .border,.row-9 td.column.first .border{padding:5px 5px 15px 25px}.row-11 td.column.last .border,.row-13 td.column.last .border,.row-7 td.column.last .border,.row-9 td.column.last .border{padding:5px 20px 25px 5px}.row-13 td.column.first .border{padding:5px 5px 15px 25px;border-bottom:15px solid transparent}} sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy <!–   The Big Story Grassley raises alarm about soybeans, Argentina ‘bailout’ Sen. Chuck Grassley (R-Iowa) said…

96 <!– *{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img+div{display:none}sub,sup{font-size:75%;line-height:0}#converted-body .list_block ol,#converted-body .list_block ul,.body [class~=x_list_block] ol,.body [class~=x_list_block] ul,u+.body .list_block ol,u+.body .list_block ul{padding-left:20px} @media (max-width:620px){.desktop_hide table.icons-outer{display:inline-table!important}.image_block div.fullWidth{max-width:100%!important}.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide table{display:table!important;max-height:none!important}.reverse{display:table;width:100%}.reverse .column.first{display:table-footer-group!important}.reverse .column.last{display:table-header-group!important}.row-7 td.column.first .border{padding:5px 5px 15px 25px;border-bottom:15px solid transparent}.row-11 td.column.last .border,.row-13 td.column.last .border,.row-7 td.column.last .border,.row-9 td.column.last .border{padding:5px 20px 25px 5px}.row-11 td.column.first .border,.row-13 td.column.first .border,.row-9 td.column.first .border{padding:5px 5px 15px 25px}} sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy <!–   The Big Story Trump cancels funding meeting with Democrats President Trump on Tuesday canceled a…