The court indicated its decision doesn’t necessarily apply to the central bank and Chairman Jerome Powell — a frequent target ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said in a ...

A lawyer for the Trump administration said Friday that its attempts to expand the president's power to fire people may not extend to the ability to fire the head of the Federal Reserve Board.

Rather than being a single entity, as is the case for central banks in many other countries, the Fed is comprised of three parts, each serving a distinct function: The Federal Reserve Board of ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

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 the size ...