Richard Sharrocks / Getty Images In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S ...

As the user experience becomes fundamentally more digital, the separation of banking and commerce washes out. It all starts ...

The former member of the Board of Governors says the central bank has wandered too far from its core mission.

The threat to the Fed’s independence affects more than just the stock market—ordinary Americans stand to lose out as well.

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

Former Federal Reserve Governor Kevin Warsh, with whom President Donald Trump is reported to have discussed firing U.S.

Placing long-run oriented monetary policy under the direction of politically driven administrations would not bode well for ...

The president’s fight with Fed chair Jerome Powell is about more than interest rates. It’s a grab for power over a central ...

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief. “I haven’t called him.