Trump floats firing Federal Reserve chair
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The Trump administration has used the pricey project as a means to attack Federal Reserve chair Jerome Powell.
Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a conference.
JPMorgan Chase boss Jamie Dimon warned President Donald Trump on Tuesday about attacks against Federal Reserve Chairman Jerome Powell, noting the importance of the Fed's independence.
President Trump criticized Jerome Powell as 'very bad for the country,' arguing the Fed should have lower interest rates while questioning the $2.5 billion building project.
The Federal Reserve meets for fifth two-day rate-setting session of 2025 next month on Tuesday, July 29, and Wednesday, July 30, 2025. At the end of its Federal Open Market Committee session on ...
The decision by the Federal Reserve, OCC and FDIC will result in the agencies reinstating the CRA framework that existed before October 2023.
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation will likely discourage the Fed from cutting its influential interest rate later this month.
The Fed's Bernanke-era quantitative approach has provided steady economic growth. Click here to find out what remains central to the Fed's strategy.