The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.

President Donald Trump essentially accuses the Federal Reserve of stealing his joy by not being bullish about lowering interest rates.

The Federal Reserve approved Fifth Third Bancorp’s acquisition of Comerica Inc., a key move from the regulator signing-off on one of the largest bank deals in 2025.

A new bipartisan bill seeks to consolidate over 30 duty statuses under which National Guard members and reservists can be called to service to just four.

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation, such as raise interest rates, which makes borrowing to buy a home, car, or appliances more expensive.

The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.

The Fed is a separate agency from the U.S. Treasury, but both are responsible for keeping the economy stable. Here's the difference between the two bodies.