Talk about privilege. The dollar is not just the currency of the United States; it is what's called the world's "reserve currency," where people and institutions park their money. But there's concern that policies out of Washington could erode that status to the benefit of the euro and China’s currency , the yuan.

The Federal Reserve's credibility forms the bedrock of global monetary stability. Trump's assault on its independence threatens to blow the whole thing up. The post Trump's Assault on the Fed Could Sink the Global Financial System appeared first on World Politics Review.

Both a larger-than-expected rate cut and foundational changes at the Fed would be major pro-growth innovations in U.S. economic policy, but strong resistance is likely this week during the Fed’s annual celebration of central banking in Jackson Hole, Wyo.

"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 Federal Reserve Act 1913."

Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.

Major Questions is a recurring series by Adam White, which analyzes the court’s approach to administrative law, agencies, and the lower courts. Please note that the views of outside contributors […]

The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...

There have been many calls for reform. None of them have actually done wholesale reform, though many of them have applied band-aids," Lisa Harrington said.

Banks are turning to the Federal Reserve’s loan programs to access funding as turmoil sweeps the financial system in the wake several high-profile bank failures. The collapse of Silicon Valley ...

The Federal Reserve Bank oversees the banking system, so its leaders face questions as they meet in Washington this week. INSKEEP: NPR's Scott Horsley will be listening to them, as he often does.

“The White House has been aggressively pushing Dr. Miran’s nomination to the Federal Reserve Board, setting the stage for his quick confirmation when the Senate returns in September,” said a White House official Tuesday. “With the President’s strong backing, there’s clear momentum to get this done.”