The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been ...

The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?

The White House raised the specter of firing central bank head Jerome Powell over 'ostentatious' $2.4 bln renovations. Even ...

Ms. Shelton, a monetary economist, is a senior fellow at the Independent Institute and author of ‘Good as Gold: How to Unleash the Power of Sound Money.’ ...

The central bank is the largest holder of U.S. debt, giving it undue influence on the federal budget.

To be sure, the Federal Reserve system is uniquely structured, with a Board, a rate-setting Federal Open Market Committee, and the 12 regional Federal Reserve Banks, the latter run by ...

Federal Reserve notes, or banknotes, represent the paper demand liability of the Federal Reserve Banks and are the official legal tender in the United States.

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 out its duties to foster a healthy economy.

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 disconnect between hard data and soft data is creating challenges for market participants and Federal Reserve officials, with households and firms turning pessimistic despite the economic slowd… ...

The Federal Reserve held rates steady on Wednesday, raising concerns about potential U.S. stagflation risks.

The 1913 Federal Reserve Act created the current Federal Reserve System and introduced a central bank to oversee U.S. monetary policy.