Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and REp. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Fed's Powell heads to Congress with good data in hand but rising uncertainty
Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
5 questions about DOGE’s access to federal payment systems
Questions are swirling about how much access Elon Musk and his Department of Government Efficiency (DOGE) has to Americans’ ...
Fed Eases Bank Stress Tests, Drops Climate Risks: Financial Stocks Hit Record Highs
Fed dials back regulatory burden on major US banks, ending climate stress test and rolling out more favorable 2025 scenario.
Bank stocks pop after Fed releases ‘easier' 2025 stress test, plans to make exam more predictable
The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...