The term of the current chair, Jerome Powell, is up in May 2026, and his term on the board of governors expires in January 2028.

President Donald Trump on Friday (Saturday in Manila) fired a top Labor Department official on the heels of a market-shocking ...

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

Trump blasted Erika McEntarfer, the now-former commissioner of Labor Statistics, after the release of some disappointing jobs ...

The idea that Jerome Powell, his lieutenants, and hundreds of egghead economists under them could engineer “price” anything ...

A rush transcript of "This Week with George Stephanopoulos" airing on Sunday, August 3, 2025 on ABC News is below. This copy ...

But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald ...

The central bank has defied Trump's public criticism for months, adopting a wait-and-see approach as central bankers observe the effects of tariffs.

Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...

"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 reason for dissent on the Federal Reserve Board over interest rates only furthered calls for transparency and the release of meeting transcripts. “WHAT IS THE REST […] ...

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...