Michael E. Horowitz, one of the few major watchdogs spared from a purge by President Trump, will also hunt for abuses at the ...

Despite the concern, the Federal Reserve ultimately left interest rates unchanged.

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 Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

Former Federal Reserve Chair Ben Bernanke this week. (Jim Watson/AFP/Getty Images) The Federal Reserve should do more to show the public how it is thinking about the economy, former Fed Chair Ben ...

The Federal Reserve has ended an enforcement action against a small Illinois bank and its holding company. The Fed Board ended its written agreement with Perry County Bancorp and its subsidiary, Du ...

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher ...

WASHINGTON — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed ...

Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its headquarters renovation. Musk, who has been the ...