U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

The U.S. Court of Appeals for the Second Circuit in its Wednesday ruling partially reversed the findings of a district court.

President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...

American Express' cross-border payment delays and system upgrade have sparked speculation of Ripple integration.

Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...

Jerome Powell says he will not leave his post if the president tries to fire him.

WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key ...