Legal experts say there's no law preventing the Treasury secretary from also serving as the chair of the Federal Reserve. "There's no prohibition in the Federal Reserve Act that says a member of the ...

Shares of banks and other financial institutions fell after mixed bank earnings. JPMorgan Chase reported better-than-expected results for the second quarter and showed few signs of slowing down, with ...

President Trump, left, has accused Fed boss Powell, right, of being too slow to cut interest rates and this week described ...

The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the ...

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...

JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...

Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...

President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed's ...

TLDR The formal process to find a replacement for Jerome Powell as Federal Reserve Chair has officially started. Treasury Secretary Scott Bessent confirmed that the White House is actively reviewing ...

Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...

The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over ...