News

Fed independence, US rule of law at risk, UBS reserve managers survey says
Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...
Federal Reserve Watch: M2 Money Is Growing
The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...
The Financial Express1d
Which two candidates are most likely to succeed Powell as head of the US Federal Reserve?
President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...
Navy Federal Credit Union no longer has to refund $80 million in overdraft fees. Here's why.
The Consumer Financial Protection Bureau terminated an order requiring NFCU to reimburse $80 million to customers.
Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
Just The News2d
Powell accused of lying to Congress about Federal Reserve headquarter renovation
Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...
WHYY2d
Philly’s Federal Reserve is getting a new leader for the first time in a decade
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
A Federal Reserve president thinks fears of a 1970s-style stagflation are overblown
Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and ...