Finance

Republicans on the Senate Banking, Housing, and Urban Affairs Committee issued a series of tweets Monday accusing Lisa Cook, President Biden's nominee for governor of the Federal Reserve, is a "hyper-partisan."

Treasury officials in more than a dozen states have endorsed all three of President Biden's nominees to the Federal Reserve, touting their "unparalleled expertise" and the "diversity" they would bring to the system.

Lisa Cook, President Biden's latest nominee for governor of the Federal Reserve, said repeatedly in recent years that she supports reparations.

The official Black Lives Matter organization is reportedly floating on approximately $60 million – but has no senior executive to account for the nonprofit's vast fortune, according to two individuals previously offered leadership positions in the group.

The Biden administration is continuing to prepare a "range of severe economic measures" to impose on Russia if it further attempts an invasion into Ukraine, with senior officials saying sanctions being considered would have "massive consequences" for Moscow's economy.

Tension between Leon Black and his Apollo Global Management Inc. co-founder Josh Harris is boiling over, threatening to buffet the investment giant with fresh controversy.

Just a couple of months after blocking Saule Omarova's nomination to be the comptroller of the currency, Banking Committee Republicans have their next target in Sarah Bloom Raskin.

The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will chart a year ahead holding several rate hikes, while China surprised analysts with a benchmark cut.

JPMorgan CEO Jamie Dimon says he believes there is "a pretty good chance" there will be more than 4 interest rate hikes this year, and possibly even 6 or 7

As inflation soars, call it déjà vu all over again for those of us who are old enough to remember the malaise and hardships of the 1970s.

Chamber of Digital Commerce President Perianne Boring reacts to Fed Chairman Powell saying cryptocurrencies and central bank digital currencies would be able to coexist.

Former Council of Economic Advisers Acting Chairman Tyler Goodspeed argues the Federal Reserve is "so far behind the curve" that three interest rate hikes won't be enough to combat inflation.

Former Kansas City Federal Reserve President and CEO Thomas Hoenig joins "Mornings with Maria" to address how to approach rising inflation.

The dollar started the week with support as traders bet U.S. inflation data and appearances from several Federal Reserve officials would bolster the case for higher interest rates.

President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate of three nominees for central bank board seats

Hong Kong billionaire Richard Li’s FWD Group Holdings Ltd. has moved to withdraw its multibillion-dollar initial public offering in New York, the company said, amid rising tensions between China and the U.S.

Americans are applying for credit cards at a rate not seen since before the pandemic.

Federal Reserve Chairman Jerome Powell is set to tell Congress on Tuesday that the omicron variant could threaten the U.S. labor market and cloud the inflation forecast.

FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.

The reappointment of Jerome Powell as Fed chair was a safe and wise bet for Biden.