US fiscal restraint is being observed amid a divided Congress.

1 report, 1 independent Updated Sep 17

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

FED Congress

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Part of

The Fed must cooperate with the U.S. Treasury on fiscal goals, including reducing national debt and deficit, while remaining bound by Congressional spending mandates. All 2 developments

The entities involved

FED
business
- US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
- Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
Congress
US record label; imprint of Congress Record Corp.
- Mandated National Bridge Inspection Standards were established in 1968.Mon 16:46
- AIPAC questions the terms of a potential US-Iran deal regarding Iran's nuclear program, while Trump aims to end the program and demands Congress receive deal information.Mon 15:37

Related events

The Fed's policy is affecting credit expansion, while Peter Schiff critiques the Fed's inflation fight and its relationship with Congress.Aug 3
Congress is scrambling for budget solutions to pass bills.Jul 22
The Fed must ensure stable prices as per Congress remit, while both central banks address worldwide inflation, amidst demands from Donald Trump.Sep 16
Congress is facing criticism as the majority party pushes fiscally irresponsible policies, including tax cuts without adequate funding, leading to structural deficits and increased costs for families.Aug 26
Congress could raise payroll taxes or eliminate the wage cap.Sep 17

Coverage

Newest first; wire copies grouped

Sep 17investinglive.com