The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...

With a recession deepening and the 1982 midterm elections approaching, Federal Reserve Chair Paul Volcker was summoned to the Oval Office, where Ronald Reagan was sitting with his chief of ...

The Federal Reserve System is not “owned” by anyone. The Federal Reserve was created in 1913 by the Federal Reserve Act to ...

Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...

The Department of Justice said the former manager executed 69 trades in 7 different publicly traded financial institutions ...

John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their ...

The Fed stayed the course on its campaign of rate cuts Thursday, trimming its benchmark interest rate by a quarter-point in a widely expected move.

Tesla CEO Elon Musk has recently indicated that he has certain plans of abolishing the Federal Reserve altogether and his ...

Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on ...

President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.

However, the Federal Reserve is much more than that. The Federal Reserve ensures the smooth operation of the banking system and guides the nation's economy by managing U.S. currency and by ...