The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry ...

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...

A version of the “One Big, Beautiful Bill” from Friday would also cut pay for the Fed’s non-monetary policy employees and ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said ...

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...

A lawyer for the Trump administration said Friday that its attempts to expand the president's power to fire people may not extend to the ability to fire the head of the Federal Reserve Board.

WASHINGTON — The Trump administration is asking federal agencies to cancel contracts with Harvard University worth about $100 million, a senior administration official said Tuesday, intensifying ...

WASHINGTON — The Trump administration asked federal agencies Tuesday to cancel contracts with Harvard University worth about $100 million, intensifying the president's clash with the nation’s ...

WASHINGTON, May 16 (Reuters) - The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President Donald Trump's broader ...