Dec. Rate Cut in Doubt
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The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.
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Federal Reserve governor says Trump ally ‘cherry-picked’ details to make mortgage fraud claim
Lawyers for Federal Reserve Governor Lisa Cook said allegations she committed mortgage fraud are “baseless” and urged the Justice Department to drop its inquiry.
WASHINGTON -- Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn President Donald Trump's attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed's longstanding ...
WASHINGTON (AP) — For the second time in two days, President Donald Trump said Wednesday that he would like to appoint Treasury Secretary Scott Bessent to chair the Federal Reserve. Yet Bessent keeps saying he doesn’t want the job, Trump added, in comments to the U.S.-Saudi Investment Forum.
WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation's labor market. The move is the Fed's first cut ...
WASHINGTON — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first ...
WASHINGTON — Federal Reserve board member Lisa Cook should be banned from the central bank’s upcoming meeting later this month after a Trump official got her “dead to rights” on allegations of mortgage fraud, former Trump economic adviser Larry ...
President Donald Trump joked Wednesday about firing Treasury Secretary Scott Bessent if interest rates don’t go down, urging him to “get it fixed fast.” Trump’s remarks, made during a speech at the U.