The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.

President Trump has nominated Kevin Warsh to succeed Jerome Powell as Federal Reserve Board chair when Powell's term expires in May. The president made the announcement in a post on his Truth Social platform on January 30. Warsh previously served as a member of the Federal Reserve Board of Governors from 2006 to 2011.

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 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 ...

US President Donald Trump announced Kevin Warsh as the new Federal Reserve chair on Friday, January 30.Warsh will become the 17th chair of the Federal Reserve, taking over the role once Jerome Powell's term officially ends in May.

The DXY dollar index was higher, and Trump’s nomination of Kevin Warsh as Fed Chair should reduce the risk of a deep extended fall in the currency, Evercore ISI said.

Relief that President Donald Trump said he’d tap Kevin Warsh to head the Federal Reserve, rather than someone seen as more willing to ignore inflation and slash interest rates, sent the dollar and short-dated Treasuries rallying.