The Federal Reserve has lifted restrictions imposed on Wells Fargo's growth seven years ago following a series of scandals, ...

Federal regulators moved to lift their punishment against Wells Fargo that prevented its growth following the bank’s fake accounts scandal in 2018.

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

The Federal Reserve has ended an enforcement action against a small Illinois bank and its holding company. The Fed Board ended its written agreement with Perry County Bancorp and its subsidiary, Du ...

Fed Chair Jerome Powell and President Trump met Thursday to discuss economic growth, employment and inflation.

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. government. The act formed a system of 8 to ...

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben Bernanke said. Over decades, the Fed has gradually moved toward greater transparency, a ...

Curtis J. Myers, CEO of Lancaster-based Fulton Financial, has been appointed as a director of the Federal Reserve Bank of Philadelphia. In his new role on the nine-member board, Myers will help ...

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 ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...