News

Treasury Sec. Bessent on potential to serve as next Federal Reserve chair
U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...
WHYY2d
Philly’s Federal Reserve is getting a new leader for the first time in a decade
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...
Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...
Federal Reserve Watch: M2 Money Is Growing
The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...
As Trump ramps up attacks on the Federal Reserve, Chair Powell refuses to change course
Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...
The Financial Express1d
Which two candidates are most likely to succeed Powell as head of the US Federal Reserve?
President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...
Federal Reserve Poised to Hand Wall Street a Big Gift
Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...