Latest Ben Bernanke News

A Trump dilemma: Finding a dovish GOP ally to serve on Fed

May. 2, 2019 1:43 PM EDT

WASHINGTON (AP) — The withdrawal Thursday of Stephen Moore, President Donald Trump's choice for the Federal Reserve board, has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate...

Job gain points to a US economy slowing but hardly stalling

Apr. 5, 2019 6:11 PM EDT

WASHINGTON (AP) — A month ago, many economists fretted that the 10-year U.S. expansion looked wobbly. But after the government reported Friday that hiring rebounded in March, the economy suddenly looks sturdy again. Growth has weakened since last year to something closer to the modest pace that has...

Trump's Fed pick worries economists, rallies conservatives

Mar. 29, 2019 6:28 PM EDT

WASHINGTON (AP) — President Donald Trump's latest pick to help lead the Federal Reserve has received a rocky reception — with top economists raising several red flags about whether Stephen Moore is qualified to be a governor of the world's most influential central bank. Moore is a former Trump...

Today in History

Mar. 24, 2019 12:02 AM EDT

Today in History Today is Sunday, March 24, the 83rd day of 2019. There are 282 days left in the year. Today's Highlight in History: On March 24, 2015, Germanwings Flight 9525, an Airbus A320, crashed into the French Alps, killing all 150 people on board; investigators said the jetliner was deliberately downed by...

Trump to nominate conservative Stephen Moore for Fed board

Mar. 22, 2019 5:12 PM EDT

WASHINGTON (AP) — President Donald Trump said Friday that he will nominate Stephen Moore, a conservative economic analyst and frequent critic of the Federal Reserve, to fill a vacancy on the Fed's seven-member board. Moore, a well-known and often polarizing figure in Washington political circles, served as...