The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

Eleven of the chairs and deputy chairs appointed this year identify as Black, Hispanic, or otherwise non-white, down from 14 last year. More broadly, however, of the 108 spots on the 12 Fed bank ...

Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.

President Donald Trump issued a proclamation designating February as Black History Month, as many presidents before him have.