Joe Biden

The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.

The U.S. Senate Banking Committee plans to hold a meeting Wednesday to vote on advancing four nominees for the Federal Reserve, including the renomination of Chairman Jerome Powell.

Sarah Bloom Raskin, President Biden's embattled pick for the Federal Reserve's top banking regulator, withdrew her nomination on Tuesday, according to a source familiar with the matter, after Republicans and one key Democrat opposed her nomination.

Senate Minority Leader Mitch McConnell Tuesday said President Biden should "admit" his mistake and withdraw Fed nominee Sarah Bloom Raskin.

Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.

Former Acting Assistant Treasury Secretary Gregory Zerzan explained the “unfortunate thing” about President Biden's executive order on government oversight of cryptocurrency, arguing that taking “a top-down government-run approach” is “not a pathway to innovation.”

Rep. French Hill, R-Ark., slammed President Biden over his argument that rising prices in the United States have "nothing to do" with his administration’s policies.

Prolific energy author Daniel Yergin didn't name Special Presidential Climate Envoy John Kerry in an interview with FOX Business, but he criticized the former secretary of state's plans for cutting carbon emissions.

The Biden administration on Monday said it will still push for the confirmation of controversial Federal Reserve Board nominee Sarah Bloom Raskin, despite a key Democratic senator pulling his support.

The Biden administration tapped teenage TikTok influencers last week to coordinate messaging on Russia’s invasion of Ukraine and blame Vladimir Putin for rising gas prices, according to a recording of a call between White House officials and the social media stars.

Without Sen. Manchin's vote, Sarah Bloom Raskin will need at least one Republican to support her in order to be confirmed -- an unlikely prospect.

Larry Kudlow argued Biden has "amnesia" when it comes to "where the inflationary seeds were originally placed."

Joe Petrowski, former CEO of Cumberland Farms Gulf Oil Group, told "Mornings with Maria" that he has "never seen anybody as inept in energy as the Biden administration."

A slew of national polls released over the past week indicate that most Americans back Russian oil sanctions, even if already high gas prices soar higher.

Louisiana Attorney General Jeff Landry argues that the American people are "absolutely suffering" in these economic conditions. 

Montana Rep. Matt Rosendale, R-Mont., slammed the Biden administration for trying to change consumer habits at a time when people and industries aren't ready for it.

President Biden and House Speaker Nancy Pelosi both pushed back this week on assessments that spending by Democrats is causing the country’s skyrocketing inflation.

FOX Business host Larry Kudlow slammed President Biden for saying inflation is largely Russian President Vladimir Putin's fault on "Kudlow."

Former Texas Governor and energy secretary Rick Perry discusses Biden’s energy policy.

President Biden on Friday called for an end to normal trade relations with Russia and said the U.S. is banning import of Russian seafood, vodka and diamonds.