Could Jerome Powell be Fired? It's an Open Legal Question Trump Could Test.
The president of the United States would probably have a hard time firing a Federal Reserve chair over interest rates.
The president of the United States would probably have a hard time firing a Federal Reserve chair over interest rates.
The FTC voted to ban noncompete agreements that prevent employees from working for competitors or starting a competing business after leaving job.
Chicago Fed president Austan Goolsbee said Friday that "progress on inflation has stalled" and that "it makes sense to wait" before cutting rates.
The Fed is stuck in a mode of forecasting and public communication that looks increasingly limited, as the economy keeps delivering surprises.
This week 12 of the nation's midsize lenders reported sizable drops in first quarter profits thanks largely to the effect of elevated interest rates.
The US bond market’s recovery was cut short by a Federal Reserve official’s mere mention of the possibility of an interest-rate increase.
Two Democratic senators asked Michael Hsu why his agency approved the merger between Flagstar and New York Community Bank when the FDIC did not.