Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.
His agenda, centred on sweeping trade tariffs, corporate tax cuts, immigration restrictions and increased pressure on NATO allies, could have far-reaching consequences for growth, inflation and interest rates,
Copyright 2025 The Associated Press. All Rights Reserved. Federal Reserve Board of Governors Vice Chair for Supervision Michael Barr testifies at a House Financial ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
The Federal Reserve hiked interest rates to two-decade highs between ... While the FOMC announced a 50 basis point cut in September, Democrats still lost the White House and control of the Senate and failed to capture a majority in the House.
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the job Monday.
The consumer price index suggests that the jump in expectations for price gains might not be over, and tariffs won’t help
Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on his first day back in the White
Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as they noted heightened uncertainty in the coming months as they await a first glimpse of the incoming Trump administration's policies.
WASHINGTON (AP) — The Federal ... top White House economic adviser, co-authored a paper last year at the Manhattan Institute that criticized the Fed's consideration of climate change in bank ...