A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the ...

U.S. Senator Katie Britt joined Senate Banking Committee Chairman Tim Scott, Senator Mike Rounds, and nine of their colleagues in sending a letter to Jerome Powell, Chairman of the Federal Reserve ...

The Federal Reserve announced that it slashed interest rates for the second time this year amid rising unemployment and ...

U.S. Senator Mike Rounds and Senate Banking Committee Chairman Tim Scott today sent a letter to Jerome Powell, Chairman of the Federal Reserve Board of Governors, and Michelle Bowman, Vice Chair for ...

President Donald Trump's effort to remove a member of the Federal Reserve's Board of Governors comes amid his push to reshape the composition of the central bank's panel that makes interest rate ...

The Trump administration has named five finalists for the next Federal Reserve chair, including two with ties to Kentucky.

WASHINGTON − The Trump administration on Sept. 18 asked the Supreme Court to let the president remove Lisa Cook from the Federal Reserve board in a major test of the central bank's longstanding ...

WASHINGTON — The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve’s board of governors. The Republican administration turned ...

The Federal Reserve Board exercises executive power by enacting regulations and punishing people for violating them. Article II of the Constitution vests all executive power in the President, which ...

The high court said in a brief unsigned order that it is not yet acting on Mr. Trump's request for emergency relief. The Trump administration asked the Supreme Court last month to freeze a lower court ...

President Donald Trump's administration has filed an appeal asking the Supreme Court to allow him to move forward with firing Federal Reserve Gov. Lisa Cook over allegations of mortgage fraud. The ...

Here are the Federal Reserve System bank holidays for 2025 and 2026: ...