
News from Wolf Street
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Top Wolf Street News

Jerome Powell · United StatesFederal Reserve Chair Jerome Powell said Sunday that the Department of Justice had subpoenaed the central bank on Friday with the threat of a criminal indictment, the latest move in a year-long pressure campaign from the Trump administration.
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Federal prosecutors open criminal investigation into the Fed and Jerome Powell
49% Center coverage: 458 sources

US Economy · United StatesThe U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market.
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2025 US home sales stuck at 30-year low as mortgage rates, prices weighed on market
65% Center coverage: 60 sources

Inflation · United States“Inflation ended the year on a subdued note, as the 2025 tariff barrage worked its way through to sticker prices,” the New York Times reports. “Consumer prices were 2.7 percent higher than a year ago… or 2.6 percent when stripping out volatile food and energy prices.” “The report is the last of its kind before the Federal Reserve meets again in two weeks.”See the Story
Inflation Steady as Fed Considers Rate Path
100% Center coverage: 2 sources