"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913." ...

Trump nominated Stephen Miran, the chair of the Council of Economic Advisors and a Harvard Ph.D, on Aug. 7 to serve as ...

On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. Government. Before Federal Reserve began its operation ...

In an interview with Bloomberg News, Purdue Dean Jim Bullard said he is happy to participate in the search for a new chair of ...

At a time when Donald Trump is openly warring with the Federal Reserve, he will soon get to pick a new central bank governor.

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...

The Federal Reserve has been around since the passage of the Federal Reserve Act of 1913. Along with executing monetary policy, one of its key roles is regulating the country's banking system.

Miran has been a major defender of Trump’s income tax cuts and tariff hikes. He also has played down the risk of Trump’s ...

President Trump criticized Jerome Powell as 'very bad for the country,' arguing the Fed should have lower interest rates while questioning the $2.5 billion building project.

Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort ...

Passed by Congress in 1913, the Federal Reserve Act established a central bank for the United States and fostered stability in the country’s banking system. The early days of the U.S. banking ...