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

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

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

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

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

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

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

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...