The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Federal labor law explicitly limits removal of board members to instances of neglect or malfeasance. The termination is among ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...
Outgoing Federal Reserve Chair Janet Yellen on Monday resigned her position as a member of the central bank's board of governors, effective upon the swearing in of her successor, Jerome Powell, as ...
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network ...
The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.
Each Federal Reserve district has a nine-member board of directors. Six are elected by commercial private banks within each district, and three are voted on by the Fed's Board of Governors.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
All 12 regional Federal Reserve Banks are overseen by seven governors who sit on the Board of Governors of the Federal Reserve. This independent board and its chair are appointed by the U.S ...
Federal Reserve officials held interest rates steady, pausing to assess the inflation outlook following a string of rate ...
Former member of the Federal Reserve Board of Governors Kevin Warsh, a contender to serve as President-elect Trump's Treasury secretary, recently criticized DEI and said it should not influence ...