Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.

President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.

The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with mounting fears that the debt can’t (or won’t) be repaid,

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change

The Federal Reserve has scrubbed a "Diversity and Inclusion" section from its website, with previous links to a statement of the U.S. central bank's diversity standards and data on the racial, ethnic and gender makeup of its economists and researchers now defaulting to its home page.

During years in which a new president is inaugurated, there are typically 12 federal holidays for federal workers in the Washington D.C. area but since Inauguration Day and Martin Luther King, Jr. Day both fell on the same date in 2025 — Monday, Jan. 20 — they'll have one fewer holiday this year than in some previous years.

Such a policy could just about be read as consistent with also wanting to maintain the dollar as the pre-eminent reserve currency. For the time being, however, the narrative of US exceptionalism is alive and well,

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.

Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but longer-term bonds like the 10-year Treasury are a better reflection of inflation expectations.

Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.

President Trump's wave of executive actions signed soon after taking office has already sparked at least half a dozen lawsuits.