Supreme Court isn’t joining Trump’s war on the Fed
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The Federal Reserve affects you in more ways than you might think. From interest rates to the employment rate, here are all the ways the Fed affects daily life.
The US Attorney’s Office for the District of Columbia has launched a criminal investigation into Federal Reserve Chair Jerome Powell, probing doubts surrounding his congressional testimony on the renovation of the system’s Washington,
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Fed’s building renovations.
The Federal Reserve resumed securities purchases in December 2025, increasing its portfolio by $33.3 billion since late November. U.S. commercial banks currently hold nearly $3.0 trillion in excess reserves, maintaining substantial liquidity despite recent ...
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The $2.5 billion renovation at the center of the DOJ's criminal investigation of the Federal Reserve
A criminal investigation of the Federal Reserve launched by the Department of Justice zeroed in on renovation of the Federal Reserve's headquarters.
The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.
"The Department of Justice served the Federal Reserve with grand jury subpoenas," Federal Reserve Chair Jerome Powell said on Jan. 11.
Massive, unprecedented payouts with few strings attached could signal that big banks are seriously short on cash.
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