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Here’s how the Federal Reserve funds itself, including renovations, without taxpayer dollars

The Federal Reserve’s funding has come under scrutiny as the White House attacks the $2.5 billion headquarters renovation for cost overruns. That controversy was underscored...

Trump jokes about firing Jerome Powell to his face during Fed visit

President Donald Trump publicly scorned Federal Reserve Chair Jerome Powell on Thursday for the cost of an extensive building renovation as the two officials...

‘Goldilocks’ is ignoring the three bears, Wall Street says

Markets are mostly maintaining their all-time highs despite Trump’s tariffs, threats to Fed independence, and analysts reducing their expectations for U.S. GDP growth. Investors...

Scott Bessent turns up the heat on the Fed, demands probe as Powell’s future hangs in balance

Treasury Secretary Scott Bessent sharply escalated his criticisms of the Federal Reserve on Monday, publicly urging a comprehensive investigation into the central bank’s operations...

A weak housing market could deliver rate cuts and rescue the Fed from Trump

The Federal Reserve is keeping a close eye on President Donald Trump’s tariffs and how they will affect inflation, but the housing market may...

Trump’s ambitions collide with Epstein, Fed and health concerns

For President Donald Trump, whose political career has benefited from voter anxiety over Washington elites, the health of his predecessor and the riches of...

What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses

Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank...

Fed officials grow more outspoken—and split—over interest rate cuts

Federal Reserve officials are having a hard time agreeing on what lies ahead for the U.S. economy in a time of unprecedented tariffs, a...

Fed board member and possible Powell replacement says bank should cut rate this month because growth is slowing ‘significantly’

Christopher Waller, a member of the Fed’s governing board, said in a speech in New York City that the economy is showing signs of weakening, with...

For one hour, investors got a taste of a new world where the Fed is run by a ‘stooge’—and they hated every minute of it

The markets got a taste yesterday of what it would be like if President Trump fired U.S. Federal Reserve Chair Jerome Powell—and they threw...