U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

The U.S. Court of Appeals for the Second Circuit in its Wednesday ruling partially reversed the findings of a district court.

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...

President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...

Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...

American Express' cross-border payment delays and system upgrade have sparked speculation of Ripple integration.

June jobs report may show steady growth, Fed likely holds rates in July amid solid labor and inflation. Learn why key data ...

Jerome Powell says he will not leave his post if the president tries to fire him.