At the request of President Woodrow Wilson, the House Committee on Banking and Finance developed the Federal Reserve Act, signed into law in 1913 and the Fed became a reality. As amended by the Full ...

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is ...

US President Donald Trump is likely to stick with convention when he picks the next Federal Reserve Chair, according to one of the world’s biggest bond managers.

US President Donald Trump reiterated on Friday that he will not sack Federal Reserve Chair Jerome Powell. “No, I think he’s doing a terrible jo ...

The heightened pressure coincides with relentless calls from Trump for the Fed to lower interest rates – which Powell and ...

A potential ouster of Federal Reserve chair Jerome Powell by U.S. President Donald Trump could "collapse" both the currency and bond markets and would lead to a spike in inflation expectations, ...

The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central ...

Trump and the Fed drama takes a wild turn nobody saw coming and the shocking developments will completely change monetary policy forever.

President Donald Trump’s grip on the Republican Party since voters deemed him the standard-bearer in 2016 has, of course, had ...

Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome ...

US stocks dipped as Trump’s Canada tariffs spooked markets. S&P500 and Dow face pressure while Fed hesitates on rate cuts ...

Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.