Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the ...

Wendy Edelberg of Brookings says "political malpractice" might be a bigger risk to economic stability than the government's ...

The Fed’s unchanged policy rate signals a balanced approach to growth. Find out why Chairman Powell resists rapid rate cuts ...

U.S. bank stocks rallied Thursday after the Federal Reserve announced hypothetical scenarios for its 2025 annual stress test ...

The Bureau of the Fiscal Service is a sleepy part of the Treasury Department. It’s also where, sources say, a 25-year-old ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

Treasury Secretary Scott Bessent gave Mr. Musk’s representatives at the so-called Department of Government Efficiency a ...

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the ...

Donald Trump and Elon Musk could use sensitive Treasury information to punish their enemies — or they could break America’s payment system entirely.

The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.

Like other government financial agencies, the Federal Reserve Banks have an Office of Minority and Women Inclusion focused on ...