News

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion ...
Steve Hanke criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the ...
President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the Fed chair? What to know.
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
The president may try to terminate the Fed chair’s tenure early. But whether Trump has the ability to do so isn’t clear.
Senate backs $9 billion in Trump-requested budget cuts, targeting foreign aid and public broadcasting in push for fiscal ...
Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.
Wall Street is hanging near its records following some better-than-expected updates on the economy and a mixed set of profit ...