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Bessent says 'people' already at Fed are under consideration to replace Powell as chair
Treasury Secretary Scott Bessent said that there are 'people' already at the Federal Reserve who are under consideration to become the next central bank chair after Jerome Powell’s term expires next ...
US banks rise as Fed stress test success clears path for payouts
Wall Street's biggest banks rose in morning trading on Monday after sailing through the U.S. Federal Reserve's annual health ...
Fed’s Top Climate Official Kevin Stiroh Leaves US Central Bank
Kevin Stiroh, the Federal Reserve’s most senior official focused on the financial risks associated with climate change, has ...
A look at who could replace Powell as Fed chair
A closer look at the people who may succeed Jerome Powell as the next Federal Reserve chair reveals a list of candidates with ...
Fed says banks can withstand economic downturn, clears way for dividend hikes
Twenty-two of the largest banks in the U.S. are well-positioned to weather a hypothetical severe economic downturn and ...
Senate Republicans move to slash consumer bureau funding by half, risking hundreds of job cuts
NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...
Regulators look to roll back financial crisis-era rules to boost economy
The proposal would be a major win for the banking industry that has been pushing for regulators to reduce the amount of cash ...
US Regulators Says Comments on Key Bank Capital Rule Due Aug. 26
The US Federal Reserve and other bank regulators set an Aug. 26 deadline for public comments on a proposal to ease a key bank ...
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Trump Sends Dollar Plunging With Plan to Turn Federal Reserve MAGA
The U.S. dollar plunged Thursday to a three-year low after word got out that President Donald Trump is plotting to announce a ...
Zacks Investment Research on MSN4d
Fed Proposes Easing Capital Requirements for Major Banks
The Federal Reserve unveiled a proposal to ease the enhanced Supplementary Leverage Ratio (SLR) to reduce capital requirements significantly for the major U.S. banks, including JPMorgan Chase & Co.
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...