The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the ...

The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The Department of Justice has opened a criminal investigation into Federal Reserve Governor Lisa Cook, sources familiar with the matter said Thursday. Bill Pulte, the Director of the Federal Housing ...

Federal Reserve nominee Stephen Miran, a senior White House economic adviser, told Senate lawmakers Thursday that he does not plan to resign from the Trump administration if confirmed to the Federal ...

It’s easy enough to decry Donald Trump’s attempted takeover of the Federal Reserve as yet another swerve toward authoritarianism. He is breaking with decades of precedent and allegedly the law to ...

A second criminal referral was filed against Lisa Cook on Thursday, alleging the embattled Federal Reserve Board governor may have made “misrepresentations” on mortgage documents and government ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Back in May, when the Supreme Court ...

While it is still uncertain whether President Donald Trump's dismissal of Federal Reserve Governor Lisa Cook, who is preparing a legal challenge, will succeed, her potential departure gives him ...

President Donald Trump’s attempt to remove Lisa Cook as a governor of the Federal Reserve is a brazen escalation of the administration’s long-running pressure campaign on the central bank. It is also ...

Federal Reserve governor Lisa Cook sued President Trump, starting a legal battle testing the president’s power over the central bank’s board. WSJ’s Jess Bravin explains what’s in the lawsuit. Photo ...

Federal Reserve Governor Lisa Cook is suing President Donald Trump to challenge his attempt to fire her from the board of the central bank. A president cannot get rid of Fed officials over policy ...