Trump announced a press conference on Washington D.C. crime and beautification while criticizing Federal Reserve's $3.1 ...

That’s because credit is produced, not decreed or managed by central banks. Individuals, banks, and governments borrow money ...

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.

Trump nominated Stephen Miran, the chair of the Council of Economic Advisors and a Harvard Ph.D, on Aug. 7 to serve as ...

Debt issuance: The Fed is uniquely authorized to borrow funds from the public to finance its operating losses. The ...

Miran has been a major defender of Trump’s income tax cuts and tariff hikes. He also has played down the risk of Trump’s ...

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

Adriana Kugler will resign from her role as a Federal Reserve governor — opening up a vacancy on the board as President Trump ...

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an ...

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...