Societies get what they incentivize. Moral hazards — incentives for perverse, risky behaviors — are now sown throughout ...

The Federal Reserve booked $19.9 billion in operating losses in the third quarter. Keep in mind that Fed losses ultimately ...

The Federal Reserve system is designed to be insulated from partisan politics. But conservatives increasingly see it as an ...

Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...

The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation. 24/7 coverage of breaking news and ...

Copyright 2024 The Associated Press. All Rights Reserved. FILE - Federal Reserve Chair Jerome Powell listens to a question ...

Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual ...

The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.

In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin ...

John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their ...