Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Federal Reserve Chair Jerome Powell reaffirmed the central banks independence on Wednesday, emphasizing that politics will ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
Hoping to avoid a legal battle with the incoming Trump administration, Michael Barr, the Federal Reserve's vice chair for supervision, will relinquish his role as the central bank's chief regulator by ...
Michael Barr oversaw an attempt to rewrite financial ... Mr. Barr will continue to serve on the central bank’s Board of Governors. But in an interview, Mr. Barr said the decision to leave ...