What’s the context? Trump has long sought to exert more control over the Fed’s decision-making and to oust Powell, as well as ...

The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested last ...

The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.

Legal experts warn it threatens the rule of law, and economists warn it threatens the stability of the U.S. economy.

The Justice Department has opened an investigation into Fed Chair Jerome Powell after months of pressure from Trump to cut ...

The Federal Reserve is widely expected to announce an interest rate cut at its last meeting of 2025. The central bank will also share its forecast for inflation and unemployment. BI's economy team ...

The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited ...

Learn about the key functions of major central banks and how their policies shape global financial markets and economic ...

Chicago Fed president explains vote Federal Reserve Bank of Chicago President Austan Goolsbee has explained his decision to vote against the Fed’s decision to cut interest rates by a quarter ...

Add Yahoo as a preferred source to see more of our stories on Google. The Marriner S. Eccles Federal Reserve Board Building, which is under construction, is seen, Monday, April 7, 2025, through a hole ...

President Donald Trump's Justice Department is considering prosecuting the head of the Federal Reserve, Jerome H. Powell, at the same time that Trump has pressured Powell to lower interest rates ahead ...