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‘Absolute nightmare': Feds fret as Trump's resignation plan stalls POLITICOFor Stunned Federal Workers, Sleeplessness, Anger and Tears The New York TimesJudge extends deadline for federal workers to accept Trump administration's ‘buyout' offer CNNJudge temporarily blocks Trump's federal government employee buyout ABC News
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Asia-Pacific markets trade mixed after Fed's Powell signals no urgency to lower rates CNBCThe Semiannual Monetary Policy Report to the Congress Senate Banking CommitteeKey takeaways from Fed Chair Jerome Powell's congressional hearing CNNFederal Reserve Chair Testifies on Monetary Policy Report
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Appeals court denies Trump's request to lift order blocking freeze of billions in federal funding ABC NewsFEMA official ignores judge's order, demands grant funding freeze NBC NewsTrump, Musk lose again: Appeals court rejects bid to reinstate funding freeze MSNBC
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Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.
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Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve's policy independence is in the spotlight.
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