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GOP Senators defend Federal Reserve’s decision

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP senators rebuff Trump attacks on Federal Reserve President Trump’s sharp criticisms of the Federal Reserve’s decision to raise interest rates are making some Republicans uncomfortable. © Alex Brandon, Associated Press Trump declared that “Interest Rates…

43 percent say Trump responsible for current state of economy: Survey

A large share of Americans say President Trump is to blame for the current economic conditions facing the nation, including high inflation and affordability concerns, according to a new survey. The Politico/Public First poll, released Thursday, found that 43 percent of respondents said they believe the president is mostly or fully responsible for the state…

Silicon Valley Bank failure review finds Fed staff ‘should have known’ about risks

A new review of the Silicon Valley Bank collapse found Federal Reserve supervisory staff “knew or should have known” about the institution’s vulnerabilities, Michelle Bowman, the Fed’s vice chair for supervision, said Friday. The initial findings from an outside consulting firm’s independent review suggested the biggest bank failure since the 2008 financial crisis resulted from…

Saturday, October 17, 2026

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