Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big ...

The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and ...

Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...

The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax ...

A risk-taking culture, geographic advantages, and strong consumer spending continue to drive US economic growth way ahead of ...

If public opinion polls are the guide, Joe Biden has been the worst president since Richard Nixon. Here's why that may be ...

BENGALURU (Reuters) - The U.S. Federal Reserve will hold interest rates steady on Jan. 29 and resume cutting in March, ...

The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...

As the Federal Reserve continues to unwind its balance sheet, it’s still dogged by the same issues that it faced more than ...

Although the Federal Reserve is — and thinks of itself as — part of the government, 100 percent of the $37 billion in paid-in ...

U.S. Treasury nominee Scott Bessent on Thursday faced sharp questions from both Democrats and Republicans on tax policy, ...