Federal Reserve Board (FRB)

President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve chair, highlighting his market experience and stances on inflation and monetary policy

The Federal Reserve held its benchmark rate at 3.50–3.75%, citing solid economic growth, persistent inflation, and a soft labor market, leaving mortgage rates largely steady

Powell pushes back on DOJ subpoenas, warns of political pressure on Fed independence in the face of threatening a criminal indictment

In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed

Home sales under contact remained relatively the same as August with an uptick in sales forecast on the horizon, as lower rates, improved affordability, and higher inventory begin to draw more buyers back into the market

Amid a lingering government shutdown and weakening labor market, the Federal Reserve has reduced interest rates by 0.25 percentage points at the conclusion of its October Federal Open Market Committee meeting