Trump visits Federal Reserve
Digest more
Trump will visit the headquarters of the Federal Reserve today, the White House said. The unusual visit comes as the president has tried to pressure Chair Jerome Powell to lower interest rates and amid criticism by him and top administration officials over the cost of renovations to the building.
President Donald Trump has criticized Federal Reserve Chairman Jerome Powell over the management of the renovation, which is over budget due to several factors.
Did Jerome Powell write a July 22, 2025, letter informing President Donald Trump of his resignation as Chairman of the Federal Reserve? No, that's not true: A widely-shared screenshot of such a letter was in fact a fake,
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers and their decisions.
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 ...
Explore more
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 ...
Yet another ally of President Donald Trump is questioning Jerome Powell's management of the Federal Reserve, according to a media report on Wednesday. House Speaker Mike Johnson said he's "disenchanted" with the head of the central bank.
Sam Altman, CEO of OpenAI, wants banks and other financial institutions learn to outwit AI when it comes to protecting customers' money.