Fed's Barr, stepping down from regulatory post, warns against weaker bank rules
The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could ...
Outlier banks aren't prepared for financial stress, says Fed's top bank cop
Michael Barr, vice chair for Supervision of the Federal Reserve, warned Thursday that outlier banks are not prepared to ...
Fed official: Banking system generally healthy, inflation battle on track
Inflation remains the priority for Fed officials speaking in Phoenix at a bankers conference. Jobs and the potential for ...
Barr Defends Fed’s Supervision Role in Outgoing Remarks as Vice Chair
Michael Barr defended the Federal Reserve’s independence and oversight role Thursday, two days after the White House issued an executive order that could exert greater control over the central bank’s ...
Fed's Jefferson says Fed can take time on next interest rate decision
Federal Reserve Vice Chairman Philip Jefferson said on Wednesday the U.S. central bank has time to weigh its next monetary ...
Fed’s Bowman sees ‘troubling trend’ of bank oversight inaction
Federal Reserve Governor Michelle Bowman called for less opacity in bank oversight, saying the supervisory and regulatory ...
Serial bank robber to serve over 10 years in federal prison, officials say
Kim Daley, 55, will serve concurrent sentences for charges of bank robbery and escaping from custody, US Attorney for Massachusetts Leah B. Foley’s office said in a statement.
Fed chair says bank accounts ‘safe’ despite Trump’s teardown of consumer protection agency
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Convicted bank robber who escaped confinement and robbed Cambridge bank in 2022 gets prison time
A convicted bank robber who escaped confinement in 2022 and then robbed another bank a few weeks later in Cambridge has been ...
Fed Chair Sees Elon Musk's Audit Push As Threat To Central Bank's Existence
Federal Reserve Chair Jerome Powell said he views proposals to "audit the Fed" floated by Elon Musk and others last week as a ...
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Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
Federal Reserve Chair Jerome Powell was expected to be grilled by U.S. lawmakers Tuesday about when the central bank will resume its interest rate cutting campaign after pausing last month amid ...