How Does The Federal Reserve Set Interest Rates?

People watch the Fed closely because its decision to change its FFR target affects financial markets and the economy in many ...

Ex-Fed, Treasury chiefs urge Supreme Court to block Trump's firing of Lisa Cook

A bipartisan group of former top economic policymakers on Thursday filed a brief urging the Supreme Court to block U.S. President Donald Trump from firing Fed Governor Lisa Cook, arguing for the ...

Former Fed Chairs Urge Supreme Court To Stop Trump From Firing Lisa Cook

A who's-who list of former Federal Reserve and White House officials urged the Supreme Court to preserve the independence of the central bank by stopping President Donald Trump from firing Fed ...

Greenspan, Bernanke and Yellen urge Supreme Court to let Lisa Cook keep her job as a Fed governor

Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties are urging the Supreme Court to preserve the Federal Reserve’s political ...
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Trump faces legal block in firing campaign against Fed official

Alan Greenspan, Ben Bernanke, and Janet Yellen—filed a Supreme Court brief on Thursday, calling on the justices to block ...