WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony about the Fed’s building renovations.

Federal Reserve regulations are rules put in place by the Federal Reserve Board to regulate the practices of the banking sector and reduce systemic risk.

Rick Rieder, a senior BlackRock executive, is a finalist for U.S. Federal Reserve Chair. He leads BlackRock’s global fixed-income investments, overseeing trillions in bond assets.

The Federal Reserve resumed securities purchases in December 2025, increasing its portfolio by $33.3 billion since late November. U.S. commercial banks currently hold nearly $3.0 trillion in excess reserves, maintaining substantial liquidity despite recent ...

The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.

"The Department of Justice served the Federal Reserve with grand jury subpoenas," Federal Reserve Chair Jerome Powell said on Jan. 11.

The Federal Reserve ended quantitative tightening on December 1, 2025, after reducing its securities portfolio by $2.2 trillion since March 2022. Throughout this period, the Fed prioritized shrinking its securities portfolio over leading with Federal Funds ...

Supreme Court appeared ready to deal Trump a major setback as justices showed strong support for keeping Federal Reserve Governor Lisa Cook in her position.

The 15th president and CEO of the Federal Reserve Bank of Atlanta, Dr. Raphael Bostic, announced his intention to retire on Feb. 28, 2026, opening his seat on a key committee that controls monetary policy in the South. The Federal Reserve Bank of Atlanta ...

Teranishi says community banks play a critical role in addressing local needs, from supporting small businesses to expanding access to affordable housing, and believes Hawaii's perspective needs to be part of national conversations.