How Republicans calling for smaller government could use the Fed's balance sheet to wield more power
Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
What to Know About the Federal Workforce Under Trump
Since Trump began his second term, he has focused on dramatically reducing the federal workforce at a breakneck pace.
What Cuts to the CFPB Could Mean For Consumers
The CFP also prosecutes companies that it says fail to protect consumers. In December, it filed a lawsuit against the ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
Trump wants to substantially cut the federal workforce. Here’s what it looks like.
While federal hiring has increased in recent years, federal workers, as a share of all Americans workers, remains at a ...
Guide to the average savings in America by age
The Fed's latest Survey of Consumer Finances shows that the typical American household has $5,300 in a savings account at a ...
Fed Chair Shows Little Urgency to Lower Rates
Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s ...
Trump's White House Is Disabling the CFPB. What to Know—and What's Next
Here's what you need to know about the Consumer Financial Protection Bureau with its future uncertain in the second Trump administration.