All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...

Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...

The U.S. Court of Appeals for the Second Circuit in its Wednesday ruling partially reversed the findings of a district court.

President Trump is laying the groundwork to replace Federal Reserve Chair Jerome Powell as soon as he can. With less than a ...

Jerome Powell says he will not leave his post if the president tries to fire him.

Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...

Created by the Federal Reserve Act of 1913, districts within the Federal Reserve System work together to manage the country’s money supply and how commercial banks are funded.