Michelle Bowman, the US Federal Reserve’s top bank cop, encouraged the financial industry to consider more innovation as one ...

Michelle Bowman of the Fed emphasized financial inclusion and the need for innovation to serve unbanked populations at a ...

Federal Reserve Gov. Michael S. Barr lauded progress made in bolstering financial inclusion in the U.S. at a Fed conference ...

The Federal Reserve governor said the uptick in buy now pay later repayment issues is likely a sign that consumers don't ...

Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...

Barr also emphasized the role of faster payment systems in financial inclusion. The Fed launched the FedNow Service in 2023, enabling banks and credit unions to transfer money instantly and securely ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to reduce ...

12 Federal Reserve Banks: These reserve banks, located in 12 cities throughout the U.S., "serve as regulators of various financial institutions, lenders of last resort for banks that lack enough ...

Since President Trump took office, the Federal Reserve has gotten even more airtime, as Trump has questioned the Fed's authority and criticized its decisions. But what actually is the Federal ...