Powell asks watchdog to probe Fed HQ renovations
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Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a conference.
Trump administration officials, already agitated by the board’s monetary policy, are calling for Chairman Powell’s removal for ‘malfeasance.’
US banks can now offer crypto custody services following new Federal Reserve guidance, opening doors for institutional adoption.
The central bank is quietly pushing back with a new “Frequently Asked Questions” page on its website defending the central bank’s renovation.
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The U.S. Federal Reserve is mulling a rule change that would allow banks with one "deficient" rating to still be considered "well managed."
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
Donald Trump's call for the Federal Reserve to slash interest rates to 1% to ease government borrowing costs faces strong opposition. Economists warn
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and co-author of 'Surprised Again! The Covid Crisis and the New Market Bubble.'