Fed Wanted an Inclusive Jobs Recovery. Some Are Asking if That Helped Fuel Inflation
In the first formal review of their policy strategy in five years, Federal Reserve officials are confronting a question that ...
Fed chair says bank accounts ‘safe’ despite Trump’s teardown of consumer protection agency
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
CFPB employees must "get approval in writing" to do any work this week, acting director Russell Vought wrote in an email.
The Trump administration ordered the Consumer Financial Protection Bureau to stop its work and closed its building
The agency was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.