Fed, White House
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Trump calls on Federal Reserve Governor Lisa Cook to resign
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"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 the Federal Reserve Act 1913."
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
WASHINGTON (AP) — 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 ...
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Why Warren Buffett's Berkshire Hathaway Now Owns More Treasury Bills Than the Federal Reserve
Warren Buffett’s Berkshire Hathaway now owns more U.S. Treasury bills than the Federal Reserve. Discover what’s behind this move and what it means for investors.
NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint at where interest rates are going.
Live Updates Live Coverage Has Ended Thursday Wrap-up 4:17 pm The Vanguard S&P 500 ETF closed at 584.27 Thursday, down 0.4%. Morgan Stanley Loves HP Enterprise 12:31 pm In analyst action, Morgan Stanley analyst Erik Woodring upgraded shares of HP Enterprise (NYSE: HPE) to overweight with a $28 price target this morning.
The minutes do not name participants however the majority of the 12-member FOMC left the Federal Funds Rate unchanged in a range of 4.25% to 4.5% last month, citing elevated uncertainty despite seeing economic activity moderating during the first half of the year.