News

The Federal Reserve’s power: Congress giveth and Congress can taketh away

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...

Trump team widens search for Powell successor at Federal Reserve: WSJ

President Donald Trump's economic advisers have expanded the pool of potential successors to Federal Reserve Chair Jerome ...
World Politics Review on MSN2dOpinion

Trump’s Assault on the Fed Could Sink the Global Financial System

The Federal Reserve's credibility forms the bedrock of global monetary stability. Trump's assault on its independence ...

Sen. Rand Paul favors the prospect of abolishing the Federal Reserve

Republican Sen. Rand Paul indicated that he would support abolishing the Federal Reserve if the U.S. adopted a balanced ...
THE WEEK2mon

What is the Federal Reserve and what does it do? | The Week

The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...

Trump says he won’t fire Jerome Powell after touring ‘very luxurious’ Federal Reserve renovation

Mr. President, as a real estate developer, how would you deal with a project manager who is over budget?” The Post asked Trump after he and a grim-faced Powell approached the press ...

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome ...

Consumers fear inflation as tariffs hit home: Federal Reserve report

The Federal Reserve Bank of New York’s Center for Microeconomic Data released the July 2025 Survey of Consumer Expectations ...