The Senate confirmed Scott Bessent as Treasury secretary on Monday, elevating the hedge fund manager to the new ...
Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
While the Federal Reserve operates independently, it maintains a relationship with the U.S. government, with the Board of Governors being appointed by the President and confirmed by the Senate.
The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...
Arizona is moving ahead with a new bill that would make way for the state to establish a strategic Bitcoin reserve. On ...
Arizona Senate Finance Committee approves SB1025 Bitcoin Reserve Bill, allowing up to 10% public funds invested in Bitcoin securely.
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key ...
The seven members are nominated by the President of the United States and confirmed by the U.S. Senate. Each member holds a 14-year term. The Federal Reserve System is accountable to Congress.