The list of candidates being interviewed by Treasury Secretary Scott Bessent to replace Chairman Jerome Powell has narrowed to five candidates.
Federal Reserve Chair Jerome Powell will present the central bank's semi-annual Monetary Policy Report to Congress next week, appearing at a hearing on Feb. 23 before the Senate Banking Committee, ...
The heads of the U.S. Treasury Department and Federal Reserve on Wednesday renewed calls for legislators to reach agreement on additional funds to help small businesses get through the next few months ...
Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That ...
The Supreme Court bailed out the U.S. central bank by allowing Governor Lisa Cook to keep her job — for now. Trump’s bid to ...
The Fed’s Federal Open Market Committee voted to bring down rates at its mid-September meeting. Cook participated in that ...
The court kept Lisa Cook in her job until it could hear her case. Other institutions had provided little pushback to the ...
The risk to independence isn't Miran or a new chair, but rather the U.S. Congress, and the Senate in particular, which approves Fed nominations. The question for investors now is how much power over ...
Democratic and Republican congressional leaders are heading to the White House for a meeting with President Donald Trump on Monday in a late effort to avoid a government shutdown, but both sides have ...
Democrats are eager to hammer Trump on the economy, where his polling is at its lowest point. But Republicans are confident ...
Federal Reserve Chairman Jerome Powell's comment that stocks are "fairly highly valued" signals a serious warning for investors amid excessive market bullishness. Multiple valuation metrics—including ...
Wall Street has been hanging on every word of Federal Reserve chief Jerome Powell as stocks charged to record highs. Investors hope he’ll give more clues Tuesday as to how much the Fed intends to cut ...