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

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...

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

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

The position, which comes with a spot on the interest rate-setting Federal Open Market Committee, comes after Fed Gov.

Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence 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 ...

If confirmed, Stephen Miran, the current chair of the Council of Economic Advisers, would temporarily fill a position left ...

President Donald Trump's economic advisers have expanded the pool of potential successors to Federal Reserve Chair Jerome ...

Miran is currently the head of the White House Council of Economic Advisers.

The appointment gives President Trump a potentially more direct route to pursue his desire for easier monetary policy and ...

Donald Trump’s desire to remove Jerome Powell as chair of the Federal Reserve is unlikely to alter Fed decision making or ...