Unpredictable White House tariff rhetoric and its impact on currency markets, oil prices and the inflation outlook have put ...

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 ...

Federal regulators moved to lift their punishment against Wells Fargo, which prevented its growth following the bank’s fake ...

Critics are concerned that she’s too focused on what banks want - at a time when the White House is embarking on a ...

Shares of Wells Fargo rose more than 2% on Wednesday after the U.S. Federal Reserve lifted a longstanding cap on its assets, ...

After the fed lifted an asset cap from Wells Fargo, CEO Charlie Scharf announced all full-time employees will get a $2,000 ...

June 4, 2025. More for You ...

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

Powell reiterated the Fed's commitment to a 2% inflation target, calling anchored inflation expectations "critical to ...

Federal Reserve Chair Jerome Powell announced a planned 10% workforce reduction over the next few years, impacting roughly 2,400 positions nationwide. This initiative aligns with a broader federal ...

“I have directed the leadership of the Federal Reserve, here at the board and across the system, to find incremental ways to consolidate functions where appropriate, modernise some business ...

The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal, noting what he described as ...