The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at least 2006, but has yet to release the numbers for 2024. The preliminary ...

The U.S. Treasury Department's Government Efficiency team, tied to Elon Musk, met with Federal reserve staff in January, ...

Federal Reserve officials worked directly with the Treasury Department to grant Elon Musk’s Department of Government ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

Sen. Cynthia Lummis (R-Wyo.) reintroduced legislation Tuesday to create a bitcoin strategic reserve, seeking to codify ...

Abolishing the Federal Reserve would transform the economy, increasing market uncertainty and favoring monetary alternatives ...

The Trump administration is expected to choose Federal Reserve governor Michelle Bowman to be the central bank’s top financial regulator, according to a person familiar with the decision.

Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...

Traders in the federal-funds futures market are expecting the Federal Reserve will hold its benchmark interest rate steady until June, when they anticipate a potential rate cut. Fed-funds futures ...