Bessent aims to maintain the strength of the U.S. economy with an adapted version of former Japanese Prime Minister Shinzo ...

President Biden awards former Rep. Liz Cheney and Rep. Bennie Thompson, the leaders of the Jan. 6 committee, the Presidential Citizens Medal for their "exemplary deeds of service." ...

A federal appeals court ruled this week the Federal Communications Commission (FCC) lacked the authority to restore certain ...

Kenneth Rogoff worries about the incoming US administration’s plans to weaken the central bank’s independence.

A U.S. District Court Judge in New Jersey ruled on New York's plan to impose congestion pricing in Manhattan, though the interpretation differs between both parties in the suit.

A little jawboning won’t hurt, but firing Powell or designating a ‘shadow chairman’ would.

NPR's Leila Fadel talks to David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings ...

Heading into a new year with a new administration, policymakers project fewer cuts and somewhat more stubborn inflation.

Fed Chair Powell has signaled a slower pace of interest-rate decreases in 2025. These voters rotating in could help shape ...

The Federal Reserve's plans for interest rate cuts in 2025 are up in the air as officials wait to see what policy ...

The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...

Comments from the Fed chairman on Wednesday crushed the market as investors worried there would be fewer interest rate cuts next year. Inflation declined this year but has remained above the Fed's ...