The Federal Reserve, to many, is a very complex system. On Wednesday, the leader of the Fed’s Cleveland branch traveled to Ohio State to share her insights on how it works. President and CEO of the ...

Warsh’s repeated focus on the issue could shape the Fed’s policy approach going forward, wrote Wells Fargo Chief Economist Tom Porcelli. Powell has been known for “insurance cuts” — lowering rates ...

A version of this story first appeared in CNN’s What Matters newsletter in July 2025. To get What Matters in your inbox, sign up for free here. The Federal Reserve is an independent organization, ...

President Donald Trump’s Justice Department is considering prosecuting the head of the Federal Reserve, Jerome H. Powell, at the same time that Trump has pressured Powell to lower interest rates ahead ...

President Donald Trump said on Friday that he is nominating Kevin Warsh to lead the Federal Reserve, succeeding Jerome Powell when his term expires in May. The move comes at a turbulent moment for the ...

President Donald Trump’s new pick to lead the Federal Reserve could take the central bank in a direction sharply different ...