Federal Reserve Chair Jerome Powell's tenure is up in a year, so as the central bank puts together its final framework under ...

In a message to board employees, the central bank chair said “changes around staffing and operations can be challenging." ...

Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources,” Powell wrote in a memo.

In the internal memo, a copy of which was seen by Reuters, Powell said that he has directed Fed leadership to find “incremental” ways to trim operations, with a goal of shrinking the Fed’s ...

Jerome Powell has told the Federal Reserve to start cutting jobs. In a memo obtained by Bloomberg, Powell said the central ...

Fed Chair Jerome Powell informed staff of the move on Friday ... “I have directed the leadership of the Federal Reserve, here at the Board and across the System, to find incremental ways to ...

The Trump administration’s war with Walmart continued on Sunday, as Treasury Secretary Scott Bessent admitted in an interview ...

A U.S. Supreme Court May 22 ruling in a legal battle over President Donald Trump 's firing of two federal labor board members contained a line that eased, for now, worries that the cases could open ...

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 ...

Trump also criticized the head of the central bank, Jerome Powell. Sign up here. "THE CONSENSUS OF ALMOST EVERYBODY IS THAT, 'THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER,'" Trump said in ...