Sen. Thom Tillis, R-N.C., has separately vowed to hold up the nomination until the DOJ resolves its criminal investigation of Fed Chair Jerome Powell.

Trump has urged the Fed to significantly lower interest rates.

Jerome Powell will announce the central bank's next interest rate decision on Jan. 28 amid political and legal turmoil involving the Fed.

WASHINGTON -- The Federal Reserve on Wednesday raised its short-term borrowing rate another 0.25%, intensifying the central bank's fight against inflation despite concern that previous rate increases helped trigger the nation's banking crisis. The Fed's ...

Bernie Sinner, president and senior lending officer for BankNorth in Casselton, N.D., was elected to a three-year term with the Minneapolis Fed.

The 15th president and CEO of the Federal Reserve Bank of Atlanta, Dr. Raphael Bostic, announced his intention to retire on Feb. 28, 2026, opening his seat on a key committee that controls monetary policy in the South. The Federal Reserve Bank of Atlanta ...

Each year, the Federal Reserve observes 11 federal holidays. These bank holidays can impact your banking activities, such as deposit availability and bill payment scheduling. Here are the Federal Reserve System bank holidays for 2025 and 2026: Note: The ...

After U.S. President Donald Trump, following a long deliberation, selected Kevin Warsh, Warsh, a former Federal Reserve, the Fed governor with extensive Wall Street experience, as the next Fed chair,