Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to remove him, sources said, the latest sign that a conflict might be looming between the incoming administration and the central bank.

The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ushering in its first rate reduction in four years.

U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform.

Federal Reserve Vice Chair for Supervision Michael Barr seeks legal counsel to potentially challenge any removal attempts by President-elect Donald Trump. Barr, appointed by President Biden, may face conflict with the new administration as Trump has shown interest in increasing influence over the Fed.

WASHINGTON — President-elect Donald Trump campaigned on the promise that his policies ... Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed.

President-elect Donald Trump has been clear about his ire for the press for years. His latest verbal attacks, legal actions and cabinet appointments signal he is ready to increase his efforts to quiet critical reporting.

When it comes to the economy, the Republican president-elect won't express any gratitude toward the Democratic incumbent, but he probably should.

When the Fed last published its quarterly outlook in September, for instance, a solid majority on its monetary-policy committee projected that their most important inflation gauge would retreat to 2.2% next year.

Trump once called bitcoin "a scam against the dollar," but he has since changed his stance — and profited from crypto.

StashAway thinks Trump’s threats of outsized tariffs are a starting point for negotiation with trade partners, and will likely be implemented in a “more targeted manner”.

Thirty Indian companies have answered the space regulator's call to build and operate constellations of Earth observation (EO) satellites in a groundbreaking private-public partnership to reduce the country's reliance on foreign data for defense, infrastructure management and other critical mapping needs.