News

Big banks survived the Federal Reserve’s yearly ‘stress test,’ but it was less strenuous
All the major banks passed the Federal Reserve’s annual “stress tests” of the financial system, the central bank said Friday, ...
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
White House shares handwritten note from Trump to ‘Too Late’ Federal Reserve chairman
The one-way feud between President Donald Trump and Federal Reserve Chairman Jerome Powell is getting personal. On Monday, ...
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
State Resolution Backs Federal Remedy For Politicized Debanking
Many lawmakers who typically prefer state policy solutions believe that, when it comes to ending political debanking and ...
Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks Say
Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large U.S. global banks can expect as much as $6 trillion in additional balance sheet capacity and billions in freed up ...
Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Trump hammers Powell again as Bessent mulls Fed power transition timeline
President Donald Trump on Monday continued hammering at the U.S. Federal Reserve to ease monetary policy, sending Fed Chair ...
More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...
Opinion
Could Donald Trump's power struggle with Federal Reserve create next financial crisis?
After just five months in power, US President Donald Trump predictably has driven a wrecking ball through the foundations of American society. In recent weeks, he's re-opened an old front from his ...