Bowman, a Republican, has served as a Fed governor since 2018, occupying a seat designated by the Dodd-Frank Act for someone ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

Wells Fargo was released from a punitive, seven-year-long $1.95 trillion cap on its assets on Tuesday after the U.S. Federal ...

Fed chair Jerome Powell resisted pressure from President Donald Trump recently to lower interest rates, citing employment and ...

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

For smaller denominations, such as the $1 and $2 bills, a seal identifies the ... through the U.S. banking system, which receives its money from the Federal Reserve. Individuals cannot, by law ...

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...

Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

The Federal Reserve System Board of Governors will hold a secret meeting as the Trump administration's massive new tariffs start to go into force. The Federal Reserve System Board of Governors ...

Michael S. Barr took office as a member of the Board of Governors of the Federal Reserve System on July 19, 2022, for an unexpired term ending January 31, 2032. Mr. Barr served as the Vice Chair for ...

EVEN WITH THE SLIGHT INCREASE, IT’S STILL CONSIDERED HISTORICALLY VERY LOW. SUSAN COLLINS WITH THE FEDERAL RESERVE SPOKE WITH LOCAL BUSINESS OWNERS AND TELLS ME SHE WAS ENCOURAGED BY THE ...