Powell pushes back on Musk/DOGE, says Fed 'overworked,' not 'overstaffed'
Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more "overworked" than "overstaffed" in pushback against Elon Musk.
5 ways Elon Musk is working to dismantle the federal government
President Trump has empowered Elon Musk, the richest man in the world, to gut the federal bureaucracy. Here's 5 ways he's starting to carry it out.
Elon Musk attempts to defend work of DOGE team as Trump expands Musk's power
President Donald Trump said Tuesday he was signing an executive order to give tech billionaire Elon Musk more power over the federal workforce, adding to Musk's swift and sweeping consolidation of political influence.
Elon Musk warns Federal Reserve may face DOGE audit
Elon Musk put the Federal Reserve on notice that the central bank could face an audit from his Department of Government Efficiency after he claimed the Fed is "absurdly overstaffed."
Here are all the agencies that Elon Musk and DOGE have been trying to dismantle so far
Elon Musk's Department of Government Efficiency group has made swift work of the billionaire's goal to curtail the government. Here are some of the direct actions.
Trump orders 'large-scale' cuts in federal workforce as Elon Musk defends DOGE
Elon Musk joined Donald Trump in the Oval Office on Tuesday as the president signed an executive order to shrink the federal government. The latest order directs DOGE to drastically reduce staffing in federal agencies.
Elon Musk's latest move shocks tech world
Elon Musk has been extremely busy since Donald Trump’s return to the White House. His position as head of the newly created Department of Government Efficiency (DOGE) has kept him in the spotlight as questions arise about the reach of his newfound power.
Elon Musk joins Trump in Oval Office for order to solidify DOGE power
The show of unity came as Elon Musk has been under scrutiny for his tactics and potential conflicts of interests leading the Department of Government Efficiency.
Powell says he does not believe Musk or his team have tried to access Fed systems
Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of his Department of ...
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Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Musk on Ron Paul as Fed chair: ‘Great idea’
Elon Musk in a post on his social platform X appeared to back conservative commentator Charlie Kirk’s suggestion that former ...
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...
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Powell tells congress Fed still in no rush to lower rates
We know that reducing policy restraint too fast or too much could hinder progress on inflation,' he said. 'At the same time, ...
Fed Isn’t Overstaffed, Powell Says
Responding to questions from Sen. Andy Kim, Democrat of New Jersey, Powell said that the Fed is not overstaffed—“overworked, ...
The End Of The Fed?—Trump And Musk Attack As Gold And The Bitcoin Price Soar
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
Democrats vow to fight shutdown of consumer watchdog agency
A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...
Fed Chair Jerome Powell: 'No hurry' to adjust monetary policy
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
Sen. Elizabeth Warren Warns On Consumer Financial Protection Bureau Cuts: 'Let The Scams Begin'
Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were ...