Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs ...

Trump’s legal battle to fire Fed Chair Jerome Powell could reshape presidential power and challenge the independence of US ...

and the sustainability of U.S. debt topped the list of potential risks to the U.S. financial system in a new Federal Reserve survey released on Friday. Fed's Kashkari nervous that trade policy ...

Billionaire Elon Musk said the Department of Government Efficiency needs to examine the Federal Reserve's spending amid its ...

President Trump suggested he could oust Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, to force the board to lower interest rates. There’s good reason to ask ...