Federal Reserve staff now view a recession as “almost as likely” as their baseline forecast, according to minutes from the ...

There are signs of slowing in some areas of the economy, but not the kind that would prompt the central bank to quickly cut ...

Rumor has it that the Federal Reserve was able to resist the president‘s demands to enable funding of the Korean War. However ...

The Federal Reserve has emerged as the 800-pound gorilla in the legal fight over President Trump’s firings of agency leaders traditionally independent from the White House. The Supreme ...

A carve-out in last week’s SCOTUS emergency decision on agency official firings “poses a puzzle,” because the central bank’s ...

The first few months of Donald Trump’s nonconsecutive second term as president have been marked by controversial economic initiatives. First, he proposed excessively high tariffs, prompting ...

The Supreme Court recently suggested that the president cannot fire head of the country's central banking system due to its ...

Federal Reserve Chair Jerome Powell is defending the central bank’s response to the COVID-19 pandemic. He also praised government employees and U.S. universities during a Princeton ...

Legal Newsletter looks at a Supreme Court order that, according to the dissent, made "new law" on presidential power.

ESWAR PRASAD is Senior Professor of Trade Policy in the Dyson School of Applied Economics and Management at Cornell ...

The Supreme Court blocked a lower court injunction reinstating two Democrats who had been fired without cause from the ...