The Federal Reserve appointed Michael E. Horowitz to lead the U.S. central bank's Office of Inspector General starting June ...

“The Board of Governors of the Federal Reserve says there’s no federal statute mandating that a private business, a person or an organization must accept currency or coins as payment for goods or ...

College-graduation ceremonies are expressions of joy, but also of relief. As photos are taken, tassels turned, hugs exchanged ...

The first-of-its-kind growth restriction established a new precedent for how regulators can address a broken bank culture.

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...

Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

Our corporate investment bank has been limited in terms of what they can do, because we tried very hard not to limit our ability to take consumer deposits," Wells Fargo CEO Charlie Scharf told ...

During the pandemic, housing demand went through the roof. As Federal Reserve Bank of San Francisco researchers explained, that was thanks mainly to the massive shift to remote work, a “key factor ...

San Francisco Federal Reserve Bank president Mary Daly discusses the state of the U.S. economy on 'Maria Bartiromo's Wall ...

San Francisco Federal Reserve Bank President Mary Daly said on Friday cooling inflation offers "relief" for Americans ...

OAKLAND, California (Reuters) -U.S. Federal Reserve policymakers could still cut interest rates twice this year as they ...

Federal Reserve Bank of San Francisco President Mary Daly said monetary policy is in a “good place” to continue to bring ...