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Rand Paul is sounding the alarm on the Federal Reserve's $600 million cost overrun for renovations to its Washington, D.C. headquarters— now expected to cost taxpayers $2.5 billion. "What should have ...
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
A Federal Reserve note is a currency issued by the Fed that’s backed by gold. These notes are usually worth their face value, although some historic notes, such as those from 1928, are more ...
The Federal Reserve began supplying banks on Tuesday with billions of redesigned $100 bills that incorporate advanced anti-counterfeiting features, the U.S. central bank said.
The U.S. Treasury never wanted to surrender control of its currency to a quasi-private agency. But after enduring a recent financial shock and subsequent bank run in 1907, Congress wasn't careful ...
The design of the U.S. one dollar note has not changed since 1963. Today’s one dollar note features first U.S. President George Washington on the obverse, or front, and the Great Seal of the United ...
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