"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913." ...

In an interview with Bloomberg News, Purdue Dean Jim Bullard said he is happy to participate in the search for a new chair of ...

On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation ...

The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Trump nominated Stephen Miran, the chair of the Council of Economic Advisors and a Harvard Ph.D, on Aug. 7 to serve as ...

Miran has been a major defender of Trump’s income tax cuts and tariff hikes. He also has played down the risk of Trump’s ...

The Federal Reserve System was eventually established on Dec. 23, 1913, with the signing of the Federal Reserve Act by Woodrow Wilson. 2 The motivation for its creation was to address the ...

The Federal Reserve Bank oversees the banking system, so its leaders face questions as they meet in Washington this week. INSKEEP: NPR's Scott Horsley will be listening to them, as he often does.

Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort ...

The Federal Reserve is the United States’ central banking system, but what that actually entails can be hard to grasp. The best way to think about it is through three core functions, says Mary ...