NPR's Adrian Ma talks to UT-Austin economic historian Carola Binder about why the Federal Reserve is independent and why that matters.

The bill allows Texas, the eighth-largest economy in the world, to use dollars from its “rainy day fund” to set up that reserve. The state has a $500 million cap on investments in Bitcoin.

There would be huge implications for the economy if President Donald Trump fires Federal Reserve Chair Jerome Powell.

WASHINGTON (AP) — A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair ...

WASHINGTON — (AP) — A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome ...

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.

On this episode of Power and Market, the group looks at the continued attacks on Powell, how the media wants to blame everything on tariffs, and why Federal ...

Federal Reserve says building renovation complies with law, defends costs The president can’t fire the Fed chair because of a policy disagreement, but he could do so “for cause,” which is ...

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

President Trump says he hasn't ruled out firing Federal Reserve Chairman Jerome Powell, who he's been frustrated with for months for not lowering the interest rate. The Fed has been cautious about ...

Panelists Steve Forbes and Gerri Willis discuss President Donald Trump’s trade agenda and its effect on the stock market on ‘Kudlow.’ ...