The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.

The U.S. Federal Reserve's pivot toward the labor market in 2020 will get a reboot on Friday when Fed Chair Jerome Powell is expected to release a new framework for the central bank that accounts for a half-decade in which inflation surged,

The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three reasons the conference is worth paying attention to this year.

I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in a statement.

Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for U.S. central bank chief Jerome Powell's speech to the annual Jackson Hole conference in Wyoming.

BDC earnings are exposed to interest rate-cut risks. Check out the strategies to mitigate risks and explore two top BDC stocks likely to adjust payouts.

San Francisco appeals court pauses judge's decision blocking DHS termination of Temporary Protected Status for immigrants from three countries amid racial bias claims.

CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid join 'Squawk Box' to discuss Fed Governor Lisa Cook's mortgage allegations, the political pressure facing the Fed, strength of the labor market,

The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates.