News

Tracking Trump: Labor statistics chief fired; a Federal Reserve governor resigns; Trump deploys nuclear subs; and more
Trump fired the labor statistics chief after a negative jobs report. What happened: President Donald Trump announced he had ...
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Sen. Rand Paul favors the prospect of abolishing the Federal Reserve
Republican Sen. Rand Paul indicated that he would support abolishing the Federal Reserve if the U.S. adopted a balanced ...
The Federal Reserve’s power: Congress giveth and Congress can taketh away
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...
Federal Reserve governor to step down from role early
Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...
Q&A: What Do Federal Reserve Officials Hope to Learn in Two Months?
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
Federal Reserve sees first double dissent since 1993 as two officials vote for rate cut
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) saw its first double dissent since 1993. While the FOMC ...
Fed Governors Michelle Bowman and Christopher Waller wanted 25-basis-point cut at this week's meeting
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...