News

The Supreme Court Gave the Fed a Lifeline. It Might Not Be Enough.
Sarah Bloom Raskin, a former Fed governor and senior fellow at the Roosevelt Institute, says the court failed to offer a ...
Effort to strip Fed of interest paying power seen likely to bring upheaval to markets
A Republican senator’s plan to take away the Federal Reserve’s power to pay banks interest on cash they park on central bank ...
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Would ending Fed interest payments on bank reserves save the government money?
For context, one thing the central bank does is act as a bank for banks. And like a commercial bank pays interest on its ...
The Fed Meets Next Week: How Savings and CD Rates Are Likely to React
So far this year, the Federal Reserve has kept interest rates steady. But when will that change, and how could it impact what ...
Is the Fed still in a 'good place'?
At the Federal Open Market Committee meeting next week, investors will scrutinize all communications for any sign that the ...
Bessent, asked about Fed chair job, says 'I would like to stay' Treasury secretary until 2029
Treasury Secretary Scott Bessent told lawmakers he would like to remain in his seat until 2029, but he also did not dismiss ...