Federal Reserve Chair Jerome Powell told President Donald Trump that monetary policy decisions would be "based solely on careful, objective, and non-political analysis," according to a brief statement ...

The Federal Reserve has emerged as the 800-pound gorilla in the legal fight over President Trump’s firings of agency leaders traditionally independent from the White House. The Supreme ...

The U.S. Supreme Court on Thursday granted the Trump administration's emergency request to fire the heads of two independent ...

The Supreme Court on Thursday said President Donald Trump doesn’t have to rehire senior officials he fired from two ...

Fed Chair Jerome Powell said that he ... While the Fed does not have its budget set by Congress and does not report directly to the White House, Powell said the central bank must be a “careful ...

He said binding Supreme Court precedent makes it clear the power of the presidency is damaged if Congress can create ... on Federal Reserve Chairman Jerome Powell. Powell, who Trump himself ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said ...

Cathy Harris and Gwynne Wilcox, Democratic board members of independent agencies, argue that President Trump lacked the authority to fire them, citing federal law and Supreme Court precedent.

Federal Reserve Chair Jerome Powell delivered a sobering message this week: the U.S. economy may be entering a period marked by more frequent and potentially lasting supply shocks that could lead ...

Kennedy, Jr., Cohen railed against Congress' role in the ongoing war in Gaza. After several protestors were removed from the hearing room by Capitol Police while shouting "RFK kills people with ...

Federal Reserve Chair Jerome Powell is cautioning that the U.S. could face an increase in supply shocks. The comes a week after the central bank announced it would hold interest rates steady amid ...