News

The Federal Reserve’s power: Congress giveth and Congress can taketh away
"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 ...
Trump makes surprise decision on Federal Reserve
Still his nomination to fill the temporary open seat on the Federal Reserve was unexpected. 💵💰Don't miss the move: ...
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...
U.S. Fed’s policy toolkit may be headed for fundamental changes
There’s no sense of imminent changes in the Fed’s monetary policy mechanics. But that may not always be the case, especially ...
Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again
The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, ...
Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting ...
Businesses seek federal support as economy slows amid Trump tariffs
As Canadian and American businesses grapple with tariff uncertainty, a national advocacy group wants the federal government ...
Here’s how the Federal Reserve funds itself, including renovations, without taxpayer dollars
Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded differently.