Michael S. Barr, the Federal Reserve Board Vice Chair for Supervision, will step down from his role effective February 28, 2025 while continuing as a governor ...

A former Catholic Central High School teacher pleaded guilty to two counts of sexual battery against a student from January 2017 to May 2018 at a hearing Friday in. Michael McKenna, 62, pleaded guilty ...

The Federal Reserve continues to steadily reduce its securities portfolio, the key tool in its monetary policy, since March 2022. The reductions are small but consistent, indicating that the Fed ...

WASHINGTON-Major banks and business groups sued the Federal Reserve on Dec 24, alleging the US central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit ...

Groups representing banks and businesses, including the Bank Policy Institute, have filed a lawsuit on Tuesday against the Federal Reserve for violating federal law with the "opaque aspects of the ...

Trade groups representing the country’s biggest banks sued the Federal Reserve on Tuesday, accusing it of using an opaque process to test banks’ resiliency during annual stress tests.

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. The lawsuit filed in U.S. District ...

Dec. 24 (UPI) --A group of banks and financial organizations sued the Federal Reserve Tuesday over a lack of transparency in its annual stress tests. The Bank Policy Institute, which represents ...

The United States Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design ...

Oil prices increased on Monday, driven by expectations of further US Federal Reserve (Fed) policy easing following lower-than-expected US inflation data. The international oil benchmark of Brent ...

To fund the purchase, the government would revalue about $11 billion worth of gold certificates on the Federal Reserve’s balance sheets. Lummis said establishing a bitcoin reserve could help the ...

If a picture can be worth a thousand words ... inflation using the Personal Consumption Expenditures measure, which is the Federal Reserve’s preferred measure when making decisions: PCE ...