What Supreme Court Has Said About Firing Federal Reserve Chair

The U.S. Supreme Court has indicated that even if President Donald Trump can fire the heads of independent agencies, it may ensure there are protections to stop these powers applying to the Federal Reserve.

Defiant independence from the Federal Reserve catches Trump off guard

Powell was responding to grand jury subpoenas delivered to the Federal Reserve related to his congressional testimony regarding construction work at the Fed headquarters.

How the Federal Reserve Manages Money Supply

The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.

DOJ subpoenas the Federal Reserve in an escalating pressure campaign

The Justice Department has subpoenaed the Fed over Chair Jerome Powell's testimony over the central bank's headquarters renovation. Powell calls it part of a pressure campaign over interest rates.

Minnesota sues federal government to try to end deployment of immigration agents

Officials in Minnesota are suing the federal government to stop the deployment of thousands of immigration agents to Minnesota, the state's top prosecutor said Monday.

Breaking Down the Federal Reserve's Dual Mandate

The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the dual mandate and what it means.

Is MLK Day still a federal holiday? Will banks be closed?

A majority of banks will be closed on Jan. 19 to observe MLK Day, according to the Federal Reserve and American National Bank. MLK Day is a "bank holiday," meaning that a majority of banks and credit unions will be closed in observance of the federal holiday.
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