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 ...

WASHINGTON — President Trump called Federal Reserve Chairman Jerome Powell to the White House Thursday to demand a cut in interest rates — pointing to a dramatic decline in inflation since its ...

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.

Michael Gibson, director of the Federal Reserve’s supervision and regulation division, will leave at the end of the year following more than three decades at the US central bank, according to ...

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.