Jerome Powell, testifying before the Senate Banking Committee, said “bank accounts overall across the economy are safe” and ...

A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...

The Massachusetts senator decries Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s “Mount Everest of ...

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

Some of the Trump administration's approach toward deregulating the financial industry risks putting the economy in a bind.

Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to “upend” bank stress testing framework, in a Monday letter in which they ...

A group of 191 House and Senate Democrats sent a letter to Russell Vought, the newly installed director of the Office of ...

The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.

President Donald Trump's new tariffs on steel and aluminum have sparked concerns about a trade war, with experts warning of ...

Federal Reserve chairman Jerome Powell told a Senate committee that he and his colleagues are in no hurry to cut borrowing costs, so long as the job market is holding up and prices continue to climb.

Mass., underscored what she said was a conflict of interest between Elon Musk's DOGE's actions at the Consumer Financial ...