Sen. Elizabeth Warren (D-Mass.) and a CNBC anchor sparred Wednesday over the Federal Reserve’s decision to scrap an unprecedented penalty on Wells Fargo. In an interview with CNBC’s ...

Fed chair Jerome Powell resisted pressure from President Donald Trump recently to lower interest rates, citing employment and ...

The Federal Reserve said it has removed restrictions it had placed on Wells Fargo, the prominent San Francisco bank that has ...

Wells Fargo is shedding the last major link to the fake accounts scandal that dogged the bank: the Federal Reserve on Tuesday ...

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and ...

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...

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 ...

Federal Reserve Bank of Philadelphia Names Anna Paulson as President WASHINGTON (AP) — The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed ...

WASHINGTON (AP) — The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president. Paulson, 60, will replace Patrick Harker on ...

The losses of the Federal Reserve since they started in 2022 are so big — $226 billion so far — that they have wiped out all the central bank’s retained earnings, which it calls “surplus,” and all its ...

In a visit to New Hampshire on Tuesday, the president and CEO of the Federal Reserve Bank of Boston said she's optimistic about the state's economy. Boston Federal Reserve Bank President Susan ...

Federal Reserve as it happened: US central bank cuts growth as Trump’s policies weigh on outlook on facebook (opens in a new window) Federal Reserve as it happened: US central bank cuts growth ...