U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, crucial data points that ...

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

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...

The proposal would be a major win for the banking industry that has been pushing for regulators to reduce the amount of cash ...

U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...

The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

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

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

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

Capital One, Bank of America, Wells Fargo, PNC, Truist, CitiBank and JPMorgan Chase branches will be closed for the holiday, ...