Federal Reserve Governor Lisa Cook intends to sue President Donald Trump over his decision to fire her, her lawyer said Tuesday, teeing up a contentious court battle over whether Trump has the ...

We have received text from H.R. 24: Federal Reserve Transparency Act of 2025. This bill was received on 2025-01-03, and currently has 44 cosponsors. Here is a short summary of the bill: This bill, ...

The Fed’s paying interest on bank reserves is a far knottier problem than the senator likely realizes. Your computer may soon take out a loan, approved by a bank’s computer. Millions of such ...

A federal court judge on Tuesday ruled that embattled Federal Reserve Governor Lisa Cook can remain at her post while she contests President Trump’s efforts to fire her over allegations she committed ...

Aug 25 (Reuters) - U.S. President Donald Trump on Monday took the unprecedented step of ordering Governor Lisa Cook removed from the Federal Reserve Board of Governors, saying questions about the ...

In 1913, Congress gave the Federal Reserve a clear and narrow mission: Safeguard the value of our money and support stable employment. More than a century later, the Fed has mutated into a sprawling ...

Until Trump, no president had tried to fire a Fed official Legal battle tests Fed's longstanding independence Nov 12 (Reuters) - The U.S. Supreme Court announced on Wednesday that it will hear ...

Melissa Quinn is a senior reporter for CBSNews.com, where she covers U.S. politics, with a focus on the Supreme Court and federal courts. Washington — A federal judge on Friday heard arguments over a ...

Three federal banking regulators announced their intent to issue a proposal that would rescind the Community Reinvestment Act (CRA) final rule issued in October 2023. “The agencies will continue to ...

President Trump claimed he has cause to remove a member of the independent board who has not obeyed his demands to vote for lower interest rates. By Charlie Savage Charlie Savage has been writing ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. Hours after the Fed ...