Trump Issues Order to Expand His Power Over Agencies Congress Made Independent
The president has already challenged statutory protections against summarily firing officials overseeing such agencies ...
Fed official: Need ‘dust to clear’ before deciding next moves
Austan Goolsbee, president of the Federal Reserve's Chicago branch, talks with The Associated Press about inflation, the job market and when rate cuts could resume ...
Here are the agencies purging federal workers
In the latest federal shake-up, the Trump administration ordered the heads of several agencies across the government to start firing employees who were still within their probationary period — or ...
American Banker4d
Master account policy tweak signals Fed shift toward crypto
Federal Reserve Chair Jerome Powell said reserve banks will no longer factor "reputational risk" into master account ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
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US inflation worsened last month with cost of groceries and gasoline rising
Inflation's recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Trump unveils nominees for CFPB director, comptroller of the currency
President Trump sent a new list of nominations to the Senate on Tuesday, unveiling his picks to lead several key financial regulatory agencies in his second administration. Jonathan ...
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Powell says Trump's comments won't affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he ...