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

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 ...

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 ...

By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry ...

The Federal Reserve has likely come across your radar at some point. Often referred to as simply "the Fed," this central banking system of the United States typically meets eight times a year to ...

The Federal Reserve is the central bank of the U.S. But why do we even have it in the first place? 'The Fed' regulates inflation and employment by adjusting monetary policy. It prevents economic ...

President Donald Trump took aim at the Federal Reserve during a rally Tuesday in Michigan, suggesting that the central bank’s leadership is underperforming and claiming he knows more about ...

The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...

Alexander Ackel, who bought the old Federal Reserve building in the Central Business District with his partner Al Morris earlier this month, is adamant about one thing: They will not be converting ...

Let us know! Philadelphia’s unemployment is near the lowest it’s been in three decades while the poverty rate is on the decline. Still, there has been little economic mobility for low-income ...

The Federal Reserve Bank of Philadelphia announced April 17 that Anna Paulson will be the next president and CEO. Paulson — currently executive vice president and director of research at the ...

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 June 30 ...