Trump floats firing Federal Reserve chair
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Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a conference.
JPMorgan Chase boss Jamie Dimon warned President Donald Trump on Tuesday about attacks against Federal Reserve Chairman Jerome Powell, noting the importance of the Fed's independence. "Playing around with the Fed could have adverse consequences,
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.
The Federal Reserve system isn't owned by a person or a company. It is controlled by a Board of Governors in Washington, D.C., as an agency of the federal government.
The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...
President Trump criticized Jerome Powell as 'very bad for the country,' arguing the Fed should have lower interest rates while questioning the $2.5 billion building project.
The Federal Reserve will release a policy decision on Wednesday on the heels of another bank collapse. ... The banking system has been in turmoil since the collapse of Silicon Valley Bank on March 10.
The Federal Reserve meets for fifth two-day rate-setting session of 2025 next month on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on ...
While investors worry about the markets, the Federal Reserve Bank of Philadelphia is raising the alarm about another economic indicator: credit card payments. According to the central bank, more than one in 10 Americans paid only the monthly minimum on their credit card debt in the fourth quarter of 2024.
The Federal Reserve had been created in 1913 to stabilize America’s banking system and keep money flowing around the country, so the stupendous stock market crash of 1929 and the painful ...