President Donald Trump on July 10 nominated Randal Quarles to be one of the seven governors of the Federal Reserve System, the central bank of the United States. Before I get to Quarles and his qualifications, it’s important to understand the Fed and what it does. Its decisions are vital to every pe...

BING NEWS:
  • Fed Official Defends Independence as Trump Eyes Central Bank Authority
    Donald Trump's return to office brings renewed questions on whether his administration could seek to curtail the Fed's autonomy.
    11/14/2024 - 7:05 am | View Link
  • Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
    A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
    11/14/2024 - 7:00 am | View Link
  • Central Bank Independence 'Fundamental' For Good Policy: Fed Official
    An independent central bank is "fundamental" to getting good economic outcomes, a senior Federal Reserve official said Thursday, shortly after Donald Trump won the US presidential race.
    11/14/2024 - 3:00 am | View Link
  • Fed’s Waller Says Central Bank Should Limit Its Role in Payment Systems
    The Federal Reserve should play a minimal, supportive role in payments infrastructure, letting the private sector take the lead, Fed governor Christopher Waller said Tuesday. Speaking at a conference ...
    11/12/2024 - 2:31 am | View Link
  • Election 2024 recap: Who will control the House? Dozens of races not decided
    It will take 218 seats to rule the House, and although neither party had yet to reach the threshold, the numbers appeared to favor the GOP.
    11/8/2024 - 12:15 am | View Link
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