Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

Your computer may soon take out a loan, approved by a bank’s computer. Millions of such transactions can determine the money ...

Regulators proposed a rule to replace the 2% enhanced supplementary leverage ratio with a capital charge equal to half of a ...

Sen. Elizabeth Warren urged caution on a move to reduce banks’ enhanced supplementary leverage ratio. The Fed chief appeared ...

Federal Reserve Chair Jerome Powell was grilled Wednesday by Sen. Elizabeth Warren (D-MA) for what she called an “outrageous ...

Federal Reserve Chair Jerome Powell said a proposal to eliminate the interest paid to banks that deposit cash at the central ...

Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...

Below are Chair Jerome Powell's prepared remarks to the House Committee on Financial Services. He's expected to deliver ...