OPINION April 10, 2023 This $6 trillion problem threatens to push inflation even higher The Fed pays over $750 million in interest every day to banks, hedge funds and other institutions that have parked $5.7 trillion in its vaults. A year ago, that daily payment was $18 million.
VIDEO April 7, 2023 Steve Forbes reacts to March jobs report, says economy is slowing down Forbes Media Chairman Steve Forbes expresses concern with March jobs report and says U.S. should not be concerned with attempts to weaken the U.S. dollar
VIDEO March 31, 2023 Larry Kudlow: Investors should be worried about banks, 'do your homework' 'Kudlow' host Larry Kudlow discusses potential legal action against banks over 'woke' ESG policies on 'America Reports.'
VIDEO March 23, 2023 Maria Bartiromo says Federal Reserve 'walking a fine line' after raising interest rates FOX Business anchor Maria Bartiromo joined 'America's Newsroom' to discuss the Federal Reserve raising interest rates and what she believes to an 'offset' to a weak economy as recession fears loom.Â
OPINION March 23, 2023 The most dangerous part of the Silicon Valley Bank bailout We've heard the spin from the White House that taxpayers won't have to pay for Silicon Valley Bank's collapse. Don't believe it. And, guess what? There's more you should know.
US March 22, 2023 Sens. Rick Scott, Elizabeth Warren propose to replace the Fed’s internal watchdog Following Silicon Valley Bank’s recent banking collapse, Republican Rick Scott and Democrat Elizabeth Warren unveiled a new Federal Reserve oversight bill.
VIDEO March 21, 2023 The Fed will administer more bad medicine: Steve Forbes Forbes Media CEO Steve Forbes discusses the Fed’s potential rate hike and Janet Yellen saying there was a plan in place in case more banks fail on ‘Your World.’
Federal Reserve March 21, 2023 Biden’s climate change ‘zealotry’ contributed to Silicon Valley Bank collapse, Republican AGs charge 16 AGs scolded Janet Yellen, Jerome Powell and others for contributing to the failure of SVB by prioritizing Biden’s climate agenda over sound banking practices.
OPINION March 21, 2023 Federal Reserve out of control: Americans shouldn't have to pay for Wall St-Washington mistakes After two years of failed policy from the Federal Reserve, and this month's shocking bank failures, it’s clear we need big change now at the Fed.
VIDEO March 20, 2023 Stocks rally with Congress set for hearings on banking turmoil Ó£ÌÒÊÓÆµ senior congressional correspondent Chad Pergram reports on the House Freedom Caucus demanding the Fed end the special funding program for banks as soon as possible.
VIDEO March 19, 2023 Fed expected to approve another interest rate hike amid banking crisis Heritage Foundation economics fellow Steve Moore says there is ‘no need’ for a ‘bank run’ because depositor’s money is federally insured and ‘safe.’Â