News

The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.
President Donald Trump said he's already looking for a new Fed chair to replace Jerome Powell and has narrowed his search to '3 or 4 people' ...
Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump.
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggesting the list of potential replacements has been ...
The Federal Reserve is reviewing its bank regulations regarding Basel III endgame, supplemental leverage ratio, merger policy ...
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs.
In his remarks Tuesday, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy.
In an 11-3 vote, council members authorized a loan up to $17.3 million from the reserve fund to the LAPD to pay for sworn ...
In prepared remarks, Powell said concerns linger over the impact President Donald Trump’s tariffs will have on inflation.
The Fed chair will appear before Congress this week. How lawmakers respond will be a key gauge of support for central bank ...