The comments came after the Supreme Court indicated that President Donald Trump does not have the authority to arbitrarily fire Fed Chair Jerome Powell.

Agencies issue joint proposal to rescind 2023 Community Reinvestment Act final rule

The Work Plan presents the audits and evaluations that we have planned, are developing, and are conducting to assist the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau in fulfilling their respective missions. Our independent oversight is statutorily mandated by the Inspector General Act of 1978 and other federal statutes, such as the Federal Information Security Modernization Act of 2014. We focus on those programs and operations in which potential deficiencies pose the highest risk to the Board and the CFPB in achieving their strategic goals, objectives, and priorities; meeting budgetary and financial commitments; and complying with applicable laws, regulations, and guidance.

Our new PT implies more than 6.5% upside to Wednesday levels.

ASML reported second-quarter earnings that beat estimates with the its key net bookings figure ahead of consensus.

Speech At The Brookings Institution, Washington, D.C.

The producer price index for June was expected to increase 0.2%, according to the Dow Jones consensus estimate.