Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

Trump says ‘Too Late’ Powell must lower interest rates after weak ADP jobs report

U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters President Donald Trump on Wednesday angrily urged Federal Reserve Chairman Jerome Powell to cut interest rates, minutes after…

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Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

Powell may have a hard time avoiding Trump’s ‘Too Late’ label even as Fed chief does the right thing

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters History suggests that President Donald Trump’s new “Too Late” nickname for Federal Reserve Chair Jerome Powell has a strong…

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Education Department staff warned that Trump buyout offers could be canceled at any time

Education Department staff warned that Trump buyout offers could be canceled at any time

Top officials at the Education Department told staff members Wednesday that if they accept the Trump administration’s deferred resignation package, the education secretary may later cancel it and employees would not have any recourse, potentially leaving them without promised pay.  The Office of Personnel Management sent notices last week to federal employees that if they resign by…

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