The Federal Reserve appointed Michael E. Horowitz to lead the U.S. central bank's Office of Inspector General starting June 30, 2025, it said on Friday. The new OIG will also serve in that same ...

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 ...

June 06, 2025 For release at 2:30 p.m. EDT Michael E. Horowitz has been appointed to lead the Federal Reserve Board’s Office of Inspector General (OIG) effective June 30, 2025. By statute, the ...

Michael E. Horowitz is stepping down as the Justice Department’s longtime inspector general to become the chief internal watchdog official at the Federal Reserve.

The Federal Reserve Board will announce its next rate decision today, June 18, at 2 p.m. EST. Latest U.S.

The Federal Reserve will keep its key interest rate at 4.25%-4.5% amid economic uncertainty, including inflation concerns due to tariffs, as it monitors inflation and the labor market.