News

Is Easter Monday a federal holiday? Are banks open today? Here's what to know.
Yes, banks are open on Easter Monday, as the Federal Reserve doesn't list Easter Monday as one of its recognized holidays.
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Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
Chair of the Board of Governors of the Federal Reserve System Jerome Powell speaks during an event hosted by the Economic Club of Chicago, Wednesday, April 16, 2025, in Chicago. (AP Photo/Erin ...
Bowman Urges Regulators to Be Aligned in Financial-System Goals
Federal Reserve Governor Michelle Bowman told the Senate Banking Committee Thursday that she will apply cost-benefit analysis ...
You decide: Who controls the Federal Reserve
Disagreements over Fed policy are not unusual. Of course, the differences in opinion between the president and the Fed chair ...
A primer on the Federal Reserve's independence
President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.
Asian shares jump on hopes tariff war may subside and Trump won't fire Federal Reserve chief
Asian shares are mostly higher, with markets showing relief after President Donald Trump indicated he won’t dismiss the head ...
Senators Demand Federal Reserve Turn Over Records on Failed Fintech Synapse
A group of Democratic senators is demanding that the Federal Reserve release records it has related to the failure of Synapse ...
White House press secretary suggests Federal Reserve is not independent, gives trade war update
White House press secretary Karoline Leavitt spoke about a potential trade deal with China and addressed President Trump's ...