States are looking to the federal government for more help balancing their budgets, but the Senate is not heeding their call.
Topics: budget federal aid senate state budget states
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BING NEWS:
- Long-term yields fall for second session as investors focus on Fed, jobs data and Treasury announcements
Rates on U.S. government debt finished slightly lower on Monday as traders looked ahead to the Federal Reserve’s policy decision and April’s official ...
04/29/2024 - 8:45 am | View Link - US Dollar Index climbs as US PCE stays elevated – Fed rate cuts unlikely
Summary: The Dollar Index, which gauges the value of the Greenback against a basket of 6 major currencies, climbed to 105.77 from 105.57 after the US PCE report showed price pressures remain elevated.
04/28/2024 - 5:43 pm | View Link - Trump’s think tanks are planning an assault on the Fed’s independence
If Donald Trump regains the US presidency, his policies will clash with the Federal Reserve Board’s key mandate of providing price stability.
04/28/2024 - 1:22 pm | View Link - If reelected, Trump could seek greater control over Federal Reserve
The Wall Street Journal reported that allies of former President Donald Trump are looking to make the Federal Reserve less independent.
04/26/2024 - 9:23 am | View Link - Trump Allies Draw Up Plans to Blunt Fed’s Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.
04/26/2024 - 8:51 am | View Link - More
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