U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...

Federal Reserve Chair Jerome Powell is sticking to his position that the central bank will keep its key rate on hold while it ...