A directive calling for oversight over the central bank’s regulatory and supervisory responsibilities has set off alarm.
The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could make firms vulnerable to surprise shocks.
federal judge extending the deadline on President Donald Trump's plan to push out federal employees by offering full pay through September if they resign immediately. We encourage federal workers ...
(RTTNews) - The Federal Reserve Board announced the termination of two enforcement actions with Wells Fargo that were initiated in 2011. The first action addressed deficient practices in ...
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve began the new year by keeping the federal funds rate steady at a range of 4.25% to 4.50%, after cutting rates by ...
noting that the presidents of the 12 regional Federal Reserve Banks are appointed by a board of directors mostly drawn from the private sector. Article I, Section 8 of the U.S. Constitution lists ...
The FOMC has 12 members. It consists of all the Board of Governors members, the Federal Reserve Bank of New York president, and four other Reserve Bank presidents (they serve a one-year term ...
Congress can amend the Federal Reserve Act to alter the way the Fed operates, but the president can't. The president's primary power is to appoint the Fed chair and other board members.
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a ...
U.S. Office of Personnel Management (OPM) Headquarters, Washington, D.C. The Trump administration said it is offering “deferred resignation” options to federal employees who agree to leave their ...
A federal judge has temporarily prevented President Donald Trump's directive to freeze federal grants from taking effect Tuesday evening. US District Judge Loren L. AliKhan's decision will protect ...
The Trump administration is offering nearly all federal workers the opportunity to resign from their posts now and still retain full pay and benefits through Sept. 30. The notice, sent via an ...
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