At today's Senate Judiciary Committee hearing, Sen. John Cornyn (R-TX) questioned Sean Spicer about the alleged cover-up around former President Biden's cognitive decline.

Before 1971, each Federal Reserve note issued was backed by a legally specified amount of gold held by the U.S. Treasury, however, private citizens were not allowed to redeem notes for gold dollars.

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and slowing growth, which have prompted renewed warnings about stagflation.

Kate Nalepinski is a Newsweek journalist based in New York City. Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged ...

The 1913 Federal Reserve Act created the current Federal Reserve System and introduced a central bank to oversee U.S. monetary policy.

Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its headquarters renovation. Musk, who has been the ...

The Federal Reserve also flagged that crypto is commonly used for money laundering and counter-terrorism financing at the time. Fed also withdraws statement warning banks of crypto fraudsters.

Federal Reserve Chairman Jerome Powell said he will “wait for greater clarity” before considering any interest rate adjustments. ANDREW CABALLERO-REYNOLDS/AFP via Getty Images The central bank ...

Economist Craig Shapiro has said that the Federal Reserve has been “gaslighting the public,” after the President of the Federal Reserve Bank of Richmond, Tom Barkin said Thursday that ...

Federal Reserve Gov. Michelle Bowman is the latest official to speak out against policies that encourage banks to drop law-abiding customers. In remarks delivered Friday morning at the New England CEO ...