Federal Reserve

Republicans skewered Sarah Bloom Raskin, President Biden’s nominee to become the Fed's top banking regulator, over concerns that her climate regulation views could endanger the Fed's independence.

Democratic Rep. Jamie Raskin violated a federal conflict-of-interest law by failing to properly disclose stock shares that his wife – President Biden's nominee to be the Federal Reserve's top banking regulator – received for her work at a Colorado-based financial technology company, a source familiar with the matter told FOX Business.

Sen. Pat Toomey, the ranking member of the Senate Banking Committee, warned Thursday that two Biden nominees for financial regulator jobs could abuse the Fed's power.

Sarah Bloom Raskin, President Biden’s nominee to become the Federal Reserve's top Wall Street regulator, could face difficult questions from Senate Republicans on Thursday over concerns that her "extreme" stances on issues like climate change could endanger the central bank's independence.

Former Federal Reserve Bank of Atlanta President Dennis Lockhart said that he isn’t ruling anything out regarding a potential recession in the coming years, but argued the odds are “low.”

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.

Bank of America economists expect the Federal Reserve to hike interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle inflation.

Sarah Bloom Raskin, nominated by President Biden earlier this month for the Fed's top regulatory job, is facing pushback from 24 state financial officers, who have sounded the alarm over her "radical" economic views.

Mortgage rates took a temporary pause from their upward growth, decreasing slightly for this week. But experts say it won't last for long.

The Federal Reserve is set to hike interest rates yet again on Wednesday, and while it will likely be a smaller increase, the move will still mean higher costs for borrowers.

The Federal Reserve signaled it will raise rates in March. Here's how that will affect your wallet.

Annual inflation is running at the hottest pace in nearly four decades as widespread supply disruptions, extraordinarily high consumer demand and worker shortages fuel rapidly rising price increases.

The Port of Savannah hit a container record last year, handling nearly six million container units of imports and exports amid continued supply chain bottlenecks.

There is no quick fix for the global semiconductor crisis, according to Fed Chairman Powell and Ford CEO Jim Farley.

Fed Chairman Jerome Powell is under pressure to get inflation under control without raising interest rates too fast.

The Federal Reserve on Wednesday signaled plans for its first interest rate hike in three years, paving the way for a March liftoff as policymakers seek to keep prices under control and combat the hottest inflation in nearly four decades.

Former Chairman of the Council of Economic Advisers Kevin Hassett joined “Mornings with Maria,” Wednesday, arguing that Treasury Secretary Janet Yellen threw gasoline into the “inflation fire” and discussed Yellen rebranding Biden’s economic agenda as “modern supply-side economics.”

The Federal Reserve is expected to signal its first interest rate hike in three years during a pivotal two-day meeting this week, opening the door to a March liftoff as policymakers seek to combat the hottest inflation in four decades.

Stock investors brace for more big market swings following one of the biggest trading comebacks in history.

“Million Dollar Listing” star Ryan Serhant argued that opportunities for good real estate deals in New York City still exist despite the surge in demand.