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 ...

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 ...

WASHINGTON (Reuters) -The Federal Reserve plans to shrink its workforce by about 10% over the coming years, bringing the U.S. central bank in line with President Donald Trump's broader efforts to ...

While Jerome Powell lives on borrowed time as Federal Reserve chair before President Donald Trump picks a successor in early 2026, the final year of his term is headed for uncharted economic waters ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank Chair Jerome Powell said ...

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A lawyer for the Trump administration said Friday that its attempts to expand the president's power to fire people may not extend to the ability to fire the head of the Federal Reserve Board.

Powell, said it would offer a voluntary deferred resignation program. By Colby Smith Reporting from Washington The Federal Reserve will reduce its work force by 10 percent over the next several ...

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 ...