Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day.
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Federal employees have through Thursday to decide whether to take what the Trump administration calls its "buyout" or ...
Vice Chair of the U.S. Federal Reserve, Philip Jefferson, said on Wednesday that he’s in no rush to change the central bank’s ...
Rattled civil servants struggled with whether to leave their posts in advance of a Thursday deadline as Elon Musk continued ...