The abrupt departure of a top official ensures that questions about the president's ability to chip away at the Fed’s prized independence will linger.
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb. 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump who is now free to replace him with an official of his choosing.
President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they could do so again in 2025.
President Joe Biden's move to protect offshore areas is largely symbolic, but the economic factors that may limit oil output gains are very real.
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Donald Trump is back with bold claims, saying that “inflation is continuing to rage” and “interest rates are far too high.” His comments are stirring
A top Federal Reserve official who is the Government’s most influential banking regulator stepped down from his leadership role after advisers of US President-elect Donald Trump seriously weighed demoting him.
The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.
Bitcoin's price could rise from $150,000 to $400,000 by 2025, with a potential 400% increase from its current price of $94,981, according to Blockware