Lisa Cook, then nominee to be a member of the Federal Reserve Board of Governors, speaks at a Senate confirmation hearing on Feb. 3, 2022. (Ken Cedeno/Pool via AP) President Trump on Monday announced ...
Key Takeaways Federal Reserve Chair Jerome Powell's leadership term will expire in 2026, providing an opportunity for President Donald Trump to nominate a candidate who would be more favorable to ...
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Before ...
President Donald Trump has demanded the removal of one of the governors of the US central bank, a move that escalates his long-running feud with the institution. Late on Monday, he posted on his Truth ...
The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time since December of 2024. A rate cut would give Americans a sliver of relief on a wide range of ...
The Federal Reserve's securities portfolio declined by $18.1 billion last week, the largest drop in six weeks. This decline suggests the Fed is still reducing its portfolio, not holding it steady as ...
In his second term, President Donald Trump has tried to fire numerous federal officials, with varying degrees of success. Courts have occasionally intervened, raising questions about the extent of the ...
Review & Outlook: Criminalizing a spat over interest rates in an effort to fire Federal Reserve Chairman Jerome Powell is an Argentina-level mistake. President Trump’s threat to nominate a new Federal ...
Following the end of the penny, the Fed is considering the discontinuation of something else that might be in your wallet.
Before she was nominated as a Federal Reserve governor, Michigan's Lisa Cook signed two separate mortgage documents two weeks apart that identify her Ann Arbor home and her Atlanta condominium each as ...
Learn about the role of a Board of Governors in institutions like the Federal Reserve, its duties, responsibilities, and how ...
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