The Federal Reserve System has come under attack as bills separately introduced in the House and Senate call for the ...
In an economy wracked by uncertainty, one thing seems virtually guaranteed: the Federal Reserve will leave its key interest ...
When the FOMC meets next week, members will have more to consider than inflation rate targets and the job situation. See why ...
Congressman Thomas Massie (R-KY) reintroduced his bill to abolish the Federal Reserve on Thursday, calling the central bank ...
In 2015, Republicans pushed for the Federal Reserve Transparency Act, also known as “Audit the Fed,” that aimed to make the Fed’s interest rate decisions subject to congressional approval.
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Elon Musk on Thursday offered hints about the work to come, including auditing the Federal Reserve, as his Department of Government Efficiency bulldozes through federal agencies in its effort to ...
Copyright 2025 The Associated Press. All Rights Reserved. The White House is seen as the snow falls, Feb. 11, 2025, in Washington. (Photo/Alex Brandon, File) The ...
a federal takeover of the District of Columbia. It would take some doing, though — including, literally, an act of Congress. But the issue bubbled up again this week, the latest in the blizzard ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Federal Reserve officials indicated last month that they needed to see “further progress on inflation ...
By Colby Smith As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve ...
A top US central banker has played down the prospect of Donald Trump’s trade war stoking inflation, highlighting divisions among Federal Reserve rate-setters on the impact of sweeping tariffs.