The regional executive of the Louisville branch of the Federal Reserve Bank of St. Louis visited Madison last Thursday to get a sense of the local economy in Jefferson County. Seema Sheth, who has ...

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 ...

Federal Reserve Financial Services (FRFS) will increase the FedNow Service network transaction limit from $1 million to $10 million in response to growing commercial demand, effective November 2025.

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 ...

Fed member removed: President Trump said on Monday he was taking the extraordinary step of removing Lisa Cook from the board of governors of the Federal Reserve, in a legally dubious maneuver that ...

Cook is the first Black woman to serve on the Federal Reserve board. She was appointed by President Joe Biden. President Donald Trump said he plans to fire Federal Reserve governor Lisa Cook, an ...

Coverage of this live blog has ended. For the latest news, click here. Raquel Coronell Uribe Rep. Mark Alford, R-Mo., appears to be at odds with Trump when it comes to deploying the National Guard in ...

President Donald Trump fired Federal Reserve governor Lisa Cook Monday evening effective immediately, intensifying a pressure campaign on the independent Fed as he seeks to sway its decisions on ...

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.

Federal Reserve governor Lisa Cook, the first Black woman to serve on the central bank’s board of governors, is an academic researcher who has generally avoided making headlines since joining the ...

President Trump told Lisa Cook that he had found sufficient cause “to remove you from your position.” Ms. Cook and her lawyer said they would fight the firing. By Tony Romm Colby Smith and Ben ...

President Trump on Monday doubled down on his pressure campaign against Federal Reserve board of governors member Lisa Cook, urging her to resign or be fired following allegations of mortgage fraud.