Browsing: Economy

WASHINGTON (Reuters) -U.S. Senate Republican leader Mitch McConnell warned Democrats on Tuesday it will be hard to get President Joe Biden’s supplemental funding request for Ukraine…

When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa Cook became the first Black woman…

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday that the Internal Revenue Service will be able to electronically accept 20…

The Consumer Financial Protection Bureau ordered Citibank to pay $25.9 million in fines and consumer redress for intentional and illegal discrimination against credit-card applicants based on…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. regulator charged with overseeing the Federal Home Loan Banks said in a report on Tuesday the system is overdue…

As analysts assess the results of Tuesday’s off-year elections in some states, they’re concluding that the outcomes were disappointing for Republicans — and for one prominent…

Federal Reserve Governor Michelle Bowman criticized proposed banking regulations at the 2023 Ohio Bankers League meeting held on Tuesday. The regulations, detailed in a 5,000-page document,…

Loretta Mester will step down as the president of the Cleveland Federal Reserve in June 2024, the regional Fed bank announced Wednesday. In a statement, the…

By Howard Schneider and Lindsay (NYSE:) Dunsmuir WASHINGTON (Reuters) – Federal Reserve policymakers fresh from last week’s decision to hold the policy rate steady are weighing…

The level of inventories, or unsold goods, that U.S. wholesalers are keeping on hand fell in September to a 13-month low amid uncertainty about whether the…