The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

Recognizing the Fed’s failings in the 1970s, Congress amended the Federal Reserve Act in 1977 to include additional reforms, such as requiring the Fed chair to report to Congress twice a year to ...

President Trump’s working group explores a U.S. Bitcoin reserve, addressing legal challenges, regulatory issues, and ...

No one owns the Federal Reserve. The Fed was established by the Federal Reserve Act in 1913 to be the country's central bank. It is an independent government agency accountable to Congress and U.S ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...

According to the Federal Reserve Act, the chair and vice chair of the board are appointed by the president but must be confirmed by the Senate. Fed chairs and vice chairs serve four-year terms and ...

The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that ...

This was part of the political compromise of the original 1913 Federal Reserve Act. The shareholders are the commercial banks that are the members of the respective Federal Reserve Banks. Remarkably, ...

The Federal Reserve is likely finished with rate cuts for the foreseeable future, a Bank of America expert told attendees at ...

Federal Reserve Chairman, Jerome Powell, recently made comments regarding the regulation of cryptocurrencies during a virtual ...