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.

Federal Reserve Chairman Jerome Powell will likely ... violating the Administration Procedure Act, which prohibits the government from regulating behind closed doors. The plaintiffs argue the ...

Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...

The Strategic Bitcoin Reserve Act integrates Bitcoin into state savings and pension funds, shielding residents from inflation while supporting innovation. Oklahoma’s move aligns with federal ...

President Donald Trump supports the idea of a US Bitcoin reserve, a move that has legislators optimistic the new administration will make America the hub of crypto and BTC. US Senator Cynthia Lummis ...

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Fixed income markets anticipate that the Federal Reserve will cut interest rates in 2025, but not by much. Short-term interest rates are expected to end 2025 close to 4%. That’s down from the ...

U.S. president-elect Donald Trump says he has no plans to fire Federal Reserve chair Jerome Powell. But that doesn’t mean he isn’t girding for a fight. Strong economic growth and stubborn ...

President Biden has overseen a nearly 6% growth of the full-time, non-seasonal federal workforce during ... such as the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, the ...

Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September.

(the “Company”), the parent company of Dime Community Bank (the “Bank” or “Dime”) announced today that Dime recently received an overall “Outstanding” Community Reinvestment Act ...