President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.

Is stealing from an ATM a Federal crime? The Department of Justice says it depends on where the crime occurs and how.

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.

Warren Buffett’s Berkshire Hathaway now owns more U.S. Treasury bills than the Federal Reserve. Discover what’s behind this move and what it means for investors.

Readers weigh in on Fed Chair Jerome Powell, private credit, JBS’ labor issues, and the Trump administration’s emerging market behavior.

Philip Jefferson Philip Jefferson, vice chair of the Federal Reserve System, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024. Al Drago—Bloomberg/Getty Images

Fed Chair Jerome Powell says a slowing job market may prompt the Fed to cut interest rates, though inflation risks remain above the central bank’s 2% target.

The research is drawing skepticism. "There's a bazillion other reasons" people don't buy flood insurance, one expert said.

Beth Hammack, the president and chief executive of the Federal Reserve Bank of Cleveland, thinks the Fed needs to maintain its focus on fighting inflation.