Federal Reserve, DOJ and Powell
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Fed, Trump
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The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.
The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.
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Republican lawmakers speak out against the Justice Department's Federal Reserve investigation
Sen. Lisa Murkowski said the investigation is "nothing more than an attempt at coercion," while House Financial Services Committee Chair French Hill warned it would create "an unnecessary distraction.
Over the past year, the Federal Reserve has actually added "excess reserves" to the banking system as the use of reverse repurchase agreements has declined. The economy remains relatively strong, and the inflation rate remains higher than the Fed's goal ...
Showdown at the Federal Reserve’ Katie Martin Here’s Jerome Powell, chair of the Federal Reserve, speaking on Sunday night. Jerome Powell voice clip On Friday, the Department of Justice served the Federal Reserve with grand jury subpoenas threatening a criminal indictment related to my testimony before the Senate Banking Committee last June.
Criminal probe of Fed Chair Powell marks escalation in Trump's battle with central bank while shortlist emerges for Powell's potential replacement.