The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.

President Trump signed an Executive Order designed to reduce the power of federal independent agencies by bringing them ...

A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank's approach to setting monetary policy, has penciled ...

Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a ...

Rachel Powell is one of hundreds of prisoners granted amnesty for their role in the Capitol riot as President Trump has ...

Lots of federal offices has sat empty for years, and now federal workers who aren’t being fired are being told to show up. But will there be enough space?

Federal Reserve Vice Chair for Supervision Michael Barr urged the Trump administration to continue reforms initiated under ...

At his press conference last month, Federal Reserve Chair Jerome Powell said repeatedly that he thought the labor market was solid. Atlanta Fed President Raphael Bostic isn't so sure. [In an essay ...

Ramel Powell, 38 died around 2:15 a.m. Wednesday inside the Otis Bantum Correctional Facility within the city’s most ...

Water managers are preparing for another potentially lackluster runoff this year in the Colorado River Basin. At a meeting ...

President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.

At the meeting, Fed officials expressed concerns that tariffs and other Trump policies could slow progress on getting inflation back to their 2% target. The central bank is having a tough time gauging ...