The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The Greenbrier Cos. said Chief Executive Lori Tekorius has been appointed to the Portland, Oregon, branch of the Federal Reserve Bank of San Francisco. The post Railcar builder CEO Tekorius appointed ...

Gwynne Wilcox’s lawsuit is the first to challenge the president’s ouster of several members of independent boards — moves ...

A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea's decision to keep policy rates unchanged in ...

Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

Federal labor law explicitly limits removal of board members to instances of neglect or malfeasance. The termination is among ...

His unlawful purge of the National Labor Relations Board on Monday serves all three goals at once. With these firings, Trump ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...

November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...