Reported about 7 hours ago
Congressional Republicans are intensifying their scrutiny of the Federal Reserve as it grapples with persistent inflation and its regulatory role. A newly formed House task force aims to examine the Fed’s monetary policy and bank regulation, coinciding with President Trump's address to Congress. With inflation affecting political dynamics, the task force will explore whether the Fed's dual mandate—fostering price stability and maximum employment—is still appropriate, amidst concerns about potential stagflation and the President’s directives that could influence consumer prices.
Source: YAHOO