News

Trump to name new Fed governor and jobs data chief

Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
"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 ...
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
Republican Sen. Rand Paul indicated that he would support abolishing the Federal Reserve if the U.S. adopted a balanced ...
The term of the current chair, Jerome Powell, is up in May 2026, and his term on the board of governors expires in January 2028.
The Federal Reserve will release its interest rates decision Wednesday, but it's unlikely to cut rates. Trump has lobbied ...
The Federal Reserve said it is holding rates steady for the fifth-straight time despite President Donald Trump’s push the ...
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained ...