The 12 Reserve Banks work independently with oversight from the Board of Governors in Washington, DC. The Reserve Banks are the operating arms of the Federal Reserve System and function within their ...

The US Federal Reserve released plans yesterday to relax a key capital rule for major banks, a move they say can help ...

The Federal Reserve System comprises a central, independent governmental agency, the Board of Governors, in Washington, D.C., and 12 regional Federal Reserve Banks located in major cities ...

From 2005 until 2013, he served as Governor of the Bank of Israel, helping to steer the Israeli economy through the global financial crisis. He then became Vice-Chair of the Board of Governors of the ...

Despite promising not to replace Jay Powell until his term as chair of the Federal Reserve ends in May next year, US ...

2010-2012 – Visiting scholar at the Bipartisan Policy Center in Washington, DC. May 25, 2012-present – Serves on the Board of Governors of the Federal Reserve.

The Senate parliamentarian has rejected several controversial provisions in the GOP’s “big beautiful bill” over the last few days.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

California challenges Trump's use of military in Los Angeles - Opponents of President Donald Trump’s administration are set to rally in hundreds of cities on Saturday ...

Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...

The U.S. economy is mostly in good shape but that isn’t saving Federal Reserve chair Jerome Powell from a spell of angst.

U.S. Federal Reserve Chair Jerome Powell begins two days of congressional testimony on Tuesday under fire from President ...