Fed, White House
Digest more
Trump calls on Federal Reserve governor to resign
Digest more
The minutes do not name participants however the majority of the 12-member FOMC left the Federal Funds Rate unchanged in a range of 4.25% to 4.5% last month, citing elevated uncertainty despite seeing economic activity moderating during the first half of the year.
"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913."
2hon MSN
Bond market is one of the considerations for the Federal Reserve: The Lindsey Group's Larry Lindsey
Larry Lindsey, The Lindsey Group president and CEO, joins 'The Exchange' to discuss Lindsey's potential nomination to chair the Federal Reserve, the CEO's thoughts on recent economic data and much more.
Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.
Letter to central bank chief Jay Powell is latest escalation in Trump administration’s assault on the institution
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
The Federal Reserve (Fed) ended its Novel Activities Supervision Program that monitored crypto activities in banks, with plans to resume its normal supervisory process, according to a statement on Friday. The Federal Reserve Board announced in a statement on Friday that it has ended its program that monitors banks engaged in crypto activities.
This article will be updated throughout the day, so check back often for more daily updates. President Trump is pressuring a second member of the Federal Reserve Board of Governors to resign, and it may be making investors nervous.