Federal Reserve Chair Gives Update on US Bank Accounts Amid Trump's Orders
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
White House nominates new chiefs for bank, market regulators
The White House plans to nominate Jonathan McKernan, a former member of the Federal Deposit Insurance Corporation, as ...
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, ...
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Federal Reserve's Jerome Powell says there's no need to rush on interest rate cuts
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
US consumer bureau upheaval leaves consumers adrift, experts say
The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for ...
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
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Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a ...
FBI Warns Smartphone Users—Do Not Take Unsolicited Bank And Support Calls
The FBI’s warning could not be clearer: “Legitimate customer, security, or tech support companies will not initiate ...
Powell says bank accounts ‘safe’ despite teardown of consumer protection agency
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
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Fed chair assures U.S. bank accounts are safe despite Trump’s regulatory shutdown
Fed Chair Jerome Powell assures Americans' bank accounts are safe despite Trump administration's shutdown of Consumer Financial Protection Bureau.
What may happen to some key consumer protection rules under Trump
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing.