While National Newswatch does not keep an archive of external articles for longer than 6 months, we do keep all articles written by contributors who post directly to our site. Here you will find all of the contributed and linked external articles from Christopher Rugaber, The Associated Press.
WASHINGTON (AP) -- The Senate Banking Committee voted on party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve to replace Jerome Powell, a long-time target of President Trump's insults for not cutting borrowing costs as far as the president wanted.
WASHINGTON (AP) -- The Senate Banking Committee voted on party lines Wednesday to approve Kevin Warsh as the next chair of the Federal Reserve to replace Jerome Powell, a long-time target of President Trump's insults for not cutting borrowing costs as far as the president wanted.
WASHINGTON (AP) -- President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn't pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet.
WASHINGTON (AP) -- President Donald Trump's nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so.
WASHINGTON (AP) -- President Donald Trump's nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so.
WASHINGTON (AP) -- President Donald Trump's nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so.
WASHINGTON (AP) -- Donald Trump's nominee to lead the Federal Reserve is pledging to fight inflation at a hearing Tuesday even as the president underscored his demands for interest rate cuts.
WASHINGTON (AP) -- Kevin Warsh is taking another step toward his decade-long goal of winning the top job at the Federal Reserve by appearing at a hearing before the Senate Banking Committee on Tuesday. But the role that he may eventually assume could turn out vastly different than what he expected.
WASHINGTON (AP) -- Americans' outlook on the job market has turned increasingly pessimistic, a surprisingly negative shift given the low unemployment rate but one that likely reflects an ongoing hiring drought.
WASHINGTON (AP) -- Americans' outlook on the job market has turned increasingly pessimistic, a surprisingly negative shift given the low unemployment rate but one that likely reflects an ongoing hiring drought.
WASHINGTON (AP) -- President Donald Trump has for months wanted to remove Jerome Powell as chair of the Federal Reserve. But instead, an investigation by one of his own officials could end up extending Powell's time at the top of the central bank even after his term formally ends May 15.
WASHINGTON (AP) -- The Iran war has scrambled the Federal Reserve's outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases.
WASHINGTON (AP) -- The Trump administration this week stepped up its ambitious effort to replace about $1.6 trillion in lost tariff revenue that was eliminated by the Supreme Court's decision to strike down a range of the president's import taxes.
1. A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
WASHINGTON (AP) -- A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
WASHINGTON (AP) -- A federal judge on Friday quashed Justice Department subpoenas issued to the Federal Reserve in January, a severe blow to an investigation that has already attracted strong criticism on Capitol Hill.
WASHINGTON (AP) -- President Donald Trump's top economist on Wednesday urged that Federal Reserve economists be punished for research last week that showed American companies and consumers paying for nearly all the new tariffs imposed by the White House last year.
WASHINGTON (AP) -- President Donald Trump's nomination on Friday of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other.
WASHINGTON (AP) -- Kevin Warsh has sought the job of Federal Reserve chair, off and on, since President Donald Trump first considered him for the position nearly a decade ago. Now that he is in line for the position, the enormity of the challenge ahead of him is clear.
WASHINGTON (AP) -- After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week's meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won't like the result.
WASHINGTON (AP) -- The Supreme Court for the past year has repeatedly allowed President Donald Trump to fire heads of independent agencies, but it appears to be drawing a line with the Federal Reserve.
WASHINGTON (AP) -- The Justice Department's investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual step of remaining a governor?
WASHINGTON (AP) -- A leading candidate to be President Donald Trump's choice for Federal Reserve chair said that he would present the president's views to Fed officials for their consideration but they could reject them if they chose when making decisions on interest rates.
WASHINGTON (AP) -- A JetBlue flight from the small Caribbean nation of Curacao halted its ascent to avoid colliding with a U.S. Air Force refueling tanker on Friday, and the pilot blamed the military plane for crossing his path.
WASHINGTON (AP) -- The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.
WASHINGTON (AP) -- The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell's ability to corral the necessary support from fellow policymakers for a third straight interest rate cut.
WASHINGTON (AP) -- Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency.
WASHINGTON (AP) -- Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency.
WASHINGTON (AP) -- What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy's health and whether stubborn inflation or weak hiring represent a bigger threat.
WASHINGTON (AP) -- The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure.
WASHINGTON (AP) -- Two Federal Reserve officials expressed opposition Wednesday to another interest rate cut at the central bank's next meeting in December, further muddying the outlook for the Fed's next steps.
WASHINGTON (AP) -- Raphael Bostic, president of the Federal Reserve Bank of Atlanta, will retire at the end of his current term in February, opening up a new seat on the Fed's interest-rate setting committee at a time that President Donald Trump is seeking to exert more control over the central bank.
WASHINGTON (AP) -- The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.
WASHINGTON (AP) -- The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy.
WASHINGTON (AP) -- When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.
WASHINGTON (AP) -- The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring.
WASHINGTON (AP) -- The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring.
WASHINGTON (AP) -- Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.
WASHINGTON (AP) -- From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern as everyone awaits the Labor Department's crucial monthly jobs report.
WASHINGTON (AP) -- From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern as everyone awaits the Labor Department's crucial monthly jobs report.
WASHINGTON (AP) -- President Donald Trump's appointee to the Federal Reserve's Board of Governors said Monday that the central bank's key interest rate should be much lower than its current 4.1% level, staking out a position far different than his colleagues.
WASHINGTON (AP) -- With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months?
WASHINGTON (AP) -- After a late-night vote and last-minute ruling, the Federal Reserve began a key meeting on interest rate policy Tuesday with both a new Trump administration appointee and an official the White House has targeted for removal.
WASHINGTON (AP) -- President Donald Trump's goal of appointing a majority of the Federal Reserve's board of governors faced a setback late Tuesday when a court blocked his unprecedented attempt to fire Lisa Cook.
WASHINGTON (AP) -- A Senate committee on Wednesday approved the nomination of White House economic adviser Stephen Miran to the Federal Reserve's board of governors, setting up a likely approval by the full Senate, which would make Miran the third Trump appointee to the seven-member board.
WASHINGTON (AP) -- A Senate committee on Wednesday approved the nomination of White House economic adviser Stephen Miran to the Fed's board of governors, setting up a likely approval by the full Senate, which would make Miran the third Trump appointee to the seven-member board.
A case that could provide the Trump administration with new and expansive power over the traditionally independent Federal Reserve will get its first court hearing Friday.
WASHINGTON (AP) -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president's attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed's longstanding political independence.
WASHINGTON (AP) -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president's attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed's longstanding political independence.
WASHINGTON (AP) -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president's attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed's longstanding political independence.
WASHINGTON (AP) -- Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands.
JACKSON HOLE, Wyo. (AP) -- Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the...
WASHINGTON (AP) -- President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few remaining independent agencies in Washington.
WASHINGTON (AP) -- President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few remaining independent agencies in Washington.
WASHINGTON (AP) -- Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was "solid."
WASHINGTON (AP) -- U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
WASHINGTON (AP) -- U.S. inflation was unchanged in July as rising prices for some imported goods were balanced by falling gas and grocery prices, leaving overall prices modestly higher than a year ago.
WASHINGTON (AP) -- U.S. inflation was unchanged last month while a measure of underlying inflation rose to its highest level in five months, as tariffs have raised the cost of some imported goods while gas and procery prices cooled.
WASHINGTON (AP) -- Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve to cut short-term interest rates as President Donald Trump has demanded.
WASHINGTON (AP) -- The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it.