Federal Reserve

Biden tasks Fed with inflation fight

President Biden says the Federal Reserve has the job of addressing soaring inflation, as he continues to press for trillions more in government spending

Biden chooses 3 for Fed board, including first Black woman

President Joe Biden will nominate three people for the Federal Reserve's Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the Fed's board.