News

SEE IT: The pricey Federal Reserve renovation project at center of controversy
Fed Reserve Chair Jerome Powell responded to the Trump administration's inquiry about its $2.5 billion headquarters ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Rand Paul introduces bill to audit the Federal Reserve
Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for auditing the Federal Reserve. The senator’s proposal ...
Evidence That The Banking System Is In Strong Shape
The U.S. banking system is healthy, providing a strong foundation for the overall economy amid current uncertainties. Read ...
Trump’s firing of 2 Democrats on the Federal Trade Commission was unconstitutional, judge rules
A federal judge has ruled that President Donald Trump illegally fired two Democrats on the Federal Trade Commission earlier ...
Federal Reserve's Beige Book Reveals Tariff-Driven Profit Squeeze As Businesses Avoid Price Hikes — What It Means for Consumers
The latest Federal Reserve study of economic conditions reveals that businesses that did not raise prices or pass on the ...
Why it’s important to have an independent Federal Reserve
AP reporter Chris Rugaber explains the role of the Federal Reserve and why an independent Fed is important. (AP video: River ...
A Federal Reserve Member Math Problem
While that would set a tone at the board of governors, whose seven members are permanent members of the Federal Open Market ...
Federal Reserve says building renovation complies with law, defends costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...
A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
With Trump threatening Powell, what's at stake with an independent federal reserve?
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...