News

The Supreme Court Gave the Fed a Lifeline. It Might Not Be Enough.
Sarah Bloom Raskin, a former Fed governor and senior fellow at the Roosevelt Institute, says the court failed to offer a ...
Effort to strip Fed of interest paying power seen likely to bring upheaval to markets
A Republican senator’s plan to take away the Federal Reserve’s power to pay banks interest on cash they park on central bank ...
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Would ending Fed interest payments on bank reserves save the government money?
For context, one thing the central bank does is act as a bank for banks. And like a commercial bank pays interest on its ...
The Fed Meets Next Week: How Savings and CD Rates Are Likely to React
So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what ...
Trump says he won't fire Fed's Powell but 'may have to force something' on rates
U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have ...
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head ...