The independence of the Federal Reserve is grounded in the principle that the US Congress, not the president, has the power ...

Uncertainty over the autonomy of the Federal Reserve under US President Trump echoes historical executive overreach, and is ...

WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to ...

The lawsuit against President Trump filed by a Fed governor, Lisa Cook, brings to the fore constitutional questions over the central bank’s purported “independence.” No matter how Ms. Cook’s suit ...

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

The credibility of the central bank is one of the underpinnings of America’s world-beating economy. And yet, although dollar ...

In 1970, former President Richard Nixon appointed his personal friend Arthur Burns as chairman of the Fed. Despite inflation sharply spiking as a result of former President Lyndon B. Johnson's "Great ...

The S&P 500 hit a record high on Wednesday, as Wall Street rose broadly on expectations the Federal Reserve will lower interest rates next month and on investor confidence that tech giant Nvidia's ...

Tensions escalated Tuesday between the Trump administration and the Federal Reserve. After President Donald Trump announced on social media that he was firing an official on the Fed’s chief governing ...