Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...

Elon Musk's DOGE has announced it is terminating $881 million worth of Education Department contracts. Newsweek's live blog is closed.

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...

The House Financial Services Committee will hold a hearing Wednesday morning on “The Federal Reserve’s Semi-Annual Monetary Policy Report.” ...

Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...

County officials in Springfield, Illinois, have agreed to pay $10 million to the family of Sonya Massey, a 36-year-old Black woman shot and killed in her home last summer by a sheriff’s deputy ...

Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the central bank. Over the years, Trump has regularly expressed frustration ...

Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...

The week will also see Fed Chairman Jerome Powell’s testimony to the US Congress. On Friday, President Trump said he could announce "reciprocal tariffs" on Monday or Tuesday, without specifying ...

Federal Reserve Chair Jerome Powell took questions from lawmakers on Capitol Hill and was grilled about Elon Musk's ...