Fed

• 연방 항소 법원이 트럼프 행정부에 여러 지방 정부에 대한 연방 보조금 지급 재개를 명령했던 하급 법원의 가처분 결정을 뒤집었으며, 이로써 보류되었던 수십억 달러 규모의 자금 지원이 다시 가능해졌습니다. • 이번 결정은 행정부가 연방 보조금에 결부된 조건을 해석하는 방식을 둘러싼 분쟁에 따른 것으로, 도시들은 보조금 중단이 정치적 보복이라고 주장해 왔습니다. • 이번 판결은 향후 정부가 정책 준수 여부에 따라 지원을 조건부로 제공할 수 있는지에 영향을 미칠 수 있으며, 연방주의와 지방 자치에도 영향을 미칩니다.

• White House 발표에 따르면 Trump 행정부는 올해 주요 문화 시상식을 감독할 기관을 포함하여 여러 연방 위원회와 신탁 기금을 이끌 새로운 지명자 명단을 공개했습니다. • 이번 인선에는 측근 정치적 우군과 보수 평론가들이 포함되었으며, 이는 보조금, 기금 및 대민 기관을 관리하는 감독직에 충성파를 배치하는 Trump의 인사 패턴을 강화하는 것입니다. • Democrats와 일부 공정 정부 감시 단체들은 이번 임명이 전통적으로 비당파적으로 운영되어 온 프로그램에 당파적 기준을 주입할 수 있다는 우려를 제기했습니다.

• 이란-미국 간 갈등이 글로벌 공급을 위협하며 유가가 급등했으나, 2026년 4월 29일 Visa와 Starbucks의 강력한 실적에 힘입어 미국 증시는 사상 최고치 부근에서 회복력을 유지했습니다. • S&P 500은 0.1% 소폭 하락, Dow는 286포인트(0.6%) 하락, Nasdaq은 0.1% 상승했습니다. Visa 주가는 CEO Ryan McInerney가 언급한 견조한 소비자 지출에 힘입어 8.3% 급등했으며, Starbucks는 북미 지역의 방문당 지출 증가로 8.6% 상승했습니다. • Federal Reserve 관계자들이 2026년 금리 인하가 없을 것임을 시사하며 투자자들의 기대를 거의 소멸시켰고, 에너지 가격 상승에 따른 인플레이션으로 인해 오히려 금리 인상을 선호하는 방향으로 기우는 모습을 보이자 채권 시장이 요동쳤습니다.

• 88세의 DC 연방 하원 대표 엘리너 홈즈 노턴은 시 정부를 향한 지난 30년 만에 가장 심각한 트럼프의 연방 위협에 단호하게 대응했습니다. • 뮤리엘 바우저의 동맹들로부터 지지를 받는 노턴은 트럼프의 이러한 조치를 지역 통제권을 확보하기 위한 정치적 승리로 보고 있습니다. • 이번 대치 상황은 연방 정부와 DC 거버넌스 사이의 지속적인 권력 투쟁을 강조합니다.

• 연방 판사가 애리조나 투표자 등록 데이터 접근을 요청한 법무부의 소송을 기각하며 주 정부의 손을 들어주었습니다. • 이번 사건은 부정확한 투표자 명단에 대한 주장이 포함되었으나, 법원은 트럼프 행정부의 요구를 진행하기에는 증거가 불충분하다고 판단했습니다. • 이번 판결은 주 정부의 투표자 데이터 개인정보를 보호하며, 2026년 중간선거를 앞두고 진행 중인 선거 무결성 논쟁에 영향을 미칠 수 있습니다.

• 연방준비제도는 이란 전쟁으로 인한 인플레이션 상승 우려를 들어 수요일 기준금리를 3.5%에서 3.75%로 동결하기로 결정했습니다. • 이는 2025년 9월, 10월, 12월에 걸쳐 세 차례 연속으로 25bp 금리 인하를 단행한 이후 연준의 금리 조정 중단 기조를 이어간 것입니다. • 제롬 파월 연준 의장은 동부 표준시 기준 오후 2시 30분에 기자회견을 열어 이번 결정에 대해 논의할 예정이며, 이는 그의 연준 의장으로서 마지막 금리 발표가 될 가능성이 있습니다.

• 연준 관계자들은 금리 동결의 이유로 높은 인플레이션, 고용 성장 둔화, 중동 지역의 불확실성을 꼽았습니다. • 미 연방준비제도(Fed)는최근 이사회 회의 이후 금리를 동결했으며, 다음 달 리더십 교체를 앞두고 금리 인하를 주장하는 Donald Trump의 요구를 다시 한번 거부했습니다. • 수요일, 연준 관계자들은 높은 인플레이션, 고용 성장 둔화 및 중동의 불확실성이 금리를 유지한 이유라고 계속해서 설명했습니다.

연준의 독립성과 파월 의장의 미래에 대한 의구심이 지속되는 가운데, 상원 위원회가 트럼프 대통령의 지명자를 통과시킬 준비를 하고 있습니다.

• A majority of Americans express concern over rising healthcare costs and support increased federal tax spending to address these challenges, according to the Axios/Ipsos American Health Index released March 17, 2026. • The poll demonstrates bipartisan support for government action on healthcare affordability, reflecting widespread concern among the U.S. public about escalating medical expenses. • Americans also show increased trust in government handling of childhood vaccination decisions, signaling broader public confidence in health policy interventions.

Federal raids unfold in Twin Cities amid ongoing tensions between the Trump administration and Minnesota officialsSign up for the Breaking News US email to get newsletter alerts in your inboxFederal agents under the command of the Trump administration have descended on Minnesota’s Twin Cities again to primarily target alleged fraud at daycares after the US Immigration and Customs Enforcement’s so-called “Operation Metro Surge” all but wound down earlier in the year.“Today the FBI with federal, state and local law enforcement is involved in court-authorized law enforcement activity as part of an ongoing fraud investigation,” the US justice department told the Guardian in a statement on Tuesday. Continue reading...

Exclusive: State government commits to strengthening laws as Higgins labels Albanese government’s response to women’s safety issues ‘disheartening’Get our breaking news email, free app or daily news podcastThe Victorian government will strengthen laws regarding the use of victim-survivors’ confidential communications after a push by advocates including Brittany Higgins, who described her experience of having counselling records subpoenaed as a “violation”.In an interview with Guardian Australia, Higgins was also critical of the federal government’s lack of action following a sweeping review into the justice system’s responses to sexual violence, saying it had “completely fallen off the agenda”.Information and support for anyone affected by rape or sexual abuse issues is available from the following organisations. In Australia, support is available at 1800Respect (1800 737 732). In the UK, Rape Crisis offers support on 0808 500 2222. In the US, Rainn offers support on 800-656-4673. Other international helplines can be found at ibiblio.org/rcip/internl.html Continue reading...

• The Federal Reserve released minutes from its April 16 policy meeting, revealing internal division over the appropriate timeline for interest rate cuts, with several governors questioning whether inflation has declined sufficiently to warrant near-term reductions. • Hawks on the committee expressed concern that premature rate cuts could reignite price pressures, while doves argued that pausing at 5.5% risks unnecessarily constraining growth and employment, setting the stage for a contentious May 2 vote. • Market reactions to the minutes were mixed, with bond futures pricing in only a 28% probability of a rate cut by July 2026, down from 35% before the release, while equity index futures declined 0.6% on expectation of extended higher rates.

• U.S. stock futures fell late Sunday with Dow Jones Industrial Average futures down 130 points or 0.3%, S&P 500 futures and Nasdaq-100 futures also declining after record highs on Friday. • West Texas Intermediate crude futures rose 2% above $96 per barrel following collapsed U.S.-Iran talks announced Saturday. • The Federal Reserve's interest-rate committee meets Tuesday-Wednesday, with Chair Jerome Powell's likely final press conference anticipated amid market highs.

• The Department of Justice dropped its criminal investigation into Federal Reserve Chair Powell regarding the agency's building expenditures, marking a significant development in federal oversight. • The decision came amid broader discussions on Capitol Hill about federal accountability, with both Republican and Democratic representatives weighing in on the implications. • The outcome reflects shifting priorities in federal investigations and debates over Fed governance and spending practices.

• The Department of Justice has dropped its investigation into Federal Reserve Chair Jerome Powell, marking a significant policy shift. • The decision comes amid Trump's emergency economic orders, potentially easing tensions over Fed independence. • This move is viewed as stabilizing financial markets but criticized by conservatives seeking accountability on monetary policy.

The injunction pauses policy giving senior Trump official direct sign-off on federal clean energy projectsA federal judge in Massachusetts on Tuesday struck down several Trump administration actions slowing down development of clean energy, including a requirement that all solar and wind energy projects on federal lands and waters be personally approved by the interior secretary, Doug Burgum.Denise J Casper, chief judge of the US district court for Massachusetts, ruled that a coalition of plaintiffs representing wind and solar developers were likely to succeed on the merits of their claims that the administration’s actions violate federal statute and will cause irreparable harm if the court did not intervene. Continue reading...

Kevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest ratesDonald Trump’s fate is to be frustrated by monetary policy.Even assuming he gets his way and Kevin Warsh succeeds Jerome Powell as chair of the Federal Reserve next month, it is unlikely that the president will finally gain control of the Fed. Continue reading...

• The president requires congressional approval to extend a 30-day federal takeover of unspecified operations beyond the initial period. • Lawmakers from both parties debate the scope, with costs projected at millions in taxpayer funds. • Extension could set precedent for future interventions, raising federalism concerns among states.

• 88-year-old congressional delegate Eleanor Holmes Norton is leading a back-seat response to the most serious federal threat to D.C.’s government in 30 years. • The challenge targets local autonomy, echoing Muriel Bowser's conflicts with Trump policies. • Victory for D.C. allies could preserve home rule amid national partisan divides.

• Kevin Warsh, President Trump's nominee for Federal Reserve Chair, testifies in his first Senate Banking Committee hearing at 1400 GMT on April 21, 2026, facing questions on Fed independence amid Trump's pressure to cut rates. • Warsh advocates reducing the Fed's balance sheet, conflicting with recent resumption of regular Treasury purchases in December 2025. • The hearing addresses hot topics like Fed autonomy and potential rate cuts, with USD firming after Monday's rally rejection.

Former Wall Street banker faces questions at confirmation hearing – but his biggest backer is also his biggest liabilityOn the face of it, Kevin Warsh looks like an ideal candidate to chair the Federal Reserve, the world’s most important central bank. The 56-year-old Ivy League economist, former Wall Street banker and presidential adviser ticks all the boxes. Unfortunately for Warsh, as he faces what could be a fraught nomination hearing, his biggest backer is also his biggest liability.In his second term, Donald Trump has attacked the Fed in a manner both unprecedented and unseemly. He has called current chair Jerome Powell – whom he also appointed – a “jerk”, “a stubborn MORON”, and repeatedly threatened to fire him. Continue reading...

The hearing marks a key hurdle Kevin Warsh must overcome in order to succeed Jerome Powell when his term ends on 15 MayHello and welcome to the US politics live blog.President Donald Trump’s choice to lead the Federal Reserve will commit to protecting central bank independence on interest rates at a crucial confirmation hearing later today.Lori Chavez-DeRemer, Donald Trump’s labor secretary, resigned from her role with the administration. She said it was “an honor and a privilege to serve” to serve and that she would take on a job in the private sector. The departure came after she became entangled in a string of political and personal controversies. Democrats celebrated, writing “this administration is imploding”.Chuck Schumer, the Senate minority leader, called for Kash Patel’s immediate resignation following a report from the Atlantic detailing the FBI director’s alleged excessive drinking and absences. Patel has sued the magazine for defamation with his attorneys calling the article a “sweeping, malicious, and defamatory hit piece”.Donald Trump signed memorandums related to coal supply chains, natural gas and grid infrastructure on Monday. The president invoked the Defense Production Act in the energy-related memos, writing that increasing energy production is “essential to United States national defense”.The crowded field of Democratic candidates in the California’s governor’s race appears to be narrowing as Betty Yee — a former state controller— announced Monday she planned to end her campaign. Meanwhile, the California Democratic party chair Rusty Hicks continued to urge candidates trailing in the polls to exit the race. Continue reading...

Jose Serrano, a sergeant, said Deisy Rivera Ortega, his wife, was arrested at an immigration appointmentA US army sergeant with 27 years of military service – including deployment to Afghanistan – has said that federal immigration agents recently arrested his wife during an appointment at an El Paso, Texas, immigration office.In an interview with CBS News published Monday, Sgt First Class Jose Serrano said that Deisy Rivera Ortega, a Salvadoran and his wife, was detained by Immigration and Customs Enforcement (ICE) officers under the command of the Trump administration despite receiving legal protection in 2019 that bars her from being deported to El Salvador. Rivera Ortega, who wed Serrano in 2022, has been in the US since 2016, he said. Continue reading...

• President Donald Trump is backing Kevin Warsh as his preferred candidate for Federal Reserve chair, intensifying pressure on current Fed Chair Jerome Powell amid ongoing policy disagreements. • Republican Senator Kevin Cramer discussed the timeline for the CLARITY Act and Trump's strategy to reshape Federal Reserve leadership during an appearance on 'Mornings with Maria.'

Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin WarshSign up for the Breaking News US email to get newsletter alerts in your inboxDemocrats have moved to stall Donald Trump’s effort to exert greater control over the US Federal Reserve, condemning the president’s “absurd” bid to install a new leader of the central bank while it is targeted with criminal investigations.Democratic lawmakers on the Senate banking committee urged its Republican leadership on Thursday to postpone the planned confirmation hearing for Kevin Warsh, the financial executive and former Fed governor Trump has nominated to replace Jerome Powell as Fed chair. Continue reading...

Design among projects before US Commission of Fine Arts as lawsuits challenge scale and impactDonald Trump’s design for the triumphal arch he wants built at an entrance to the US capital comes up for a review and possible vote on Thursday by a key federal agency. It is one of several projects the US president is pursuing alongside a White House ballroom to leave his lasting footprint on Washington.Trump said on social media that the arch “will be the GREATEST and MOST BEAUTIFUL Triumphal Arch, anywhere in the World” and a “wonderful addition to the Washington D.C. area for all Americans to enjoy for many decades to come!”. Continue reading...

• President Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if he remains at the helm after his term ends next month. • Trump framed the move as part of efforts to align the central bank with his administration's economic agenda amid ongoing policy tensions. • The statement escalates executive pressure on the independent Fed, potentially destabilizing financial markets and sparking debates over central bank autonomy.