Here’s a look at the history of the penny and why it could be going away
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
National Politics
When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...
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 ...
Ron Paul Wants to Lay Bare the Fed’s Inner Workings. Musk Is Pushing Him as Fed Chair.
In an interview with Barron’s, Paul, called for an “audit” of the Fed that would reveal how the central bank conducts its ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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 ...
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Federal Reserve Governor Says Stablecoins Could Extend US Dollar’s Global Role
Fed Governor Christopher Waller supports stablecoins to extend US dollar dominance globally, urging clear regulations to mitigate risks.
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The latest inflation report shows that high prices are Trump's major economic challenge
Wednesday's consumer price index report showed that inflation is punching back — and Trump could end up facing the same ...
Fed’s Waller Says Scale of Stablecoins Rests on Harmonized Rules
Federal Reserve Governor Christopher Waller said stablecoins have the potential to “maintain and extend” the international role of the dollar, though their rise or fall will depend on solid business ...
Trump unveils nominees for CFPB director, comptroller of the currency
President Trump sent a new list of nominations to the Senate on Tuesday, unveiling his picks to lead several key financial regulatory agencies in his second administration. Jonathan ...
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US inflation got worse with rising groceries and gasoline prices
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...