If the Federal Reserve cuts rates next week as predicted, and Kevin Hassett becomes Fed Chair, where will rates be at this time next year?

WASHINGTON (AP) — The Federal Reserve’s top banking regulator on Tuesday released new guidelines for the agency’s supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor.

U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified.

An announcement from FB Financial ( ($FBK) ) is now available. On December 2, 2025, FirstBank, a subsidiary of FB Financial Corporation, became a

The U.S. commercial banking system remains highly liquid, supported by substantial reserve balances held at the Federal Reserve. Fed Chairman Ben Bernanke introduced a new monetary policy approach during the Great Recession, significantly increasing excess ...

Earlier this week, the Federal Reserve Board (“FRB”) issued a press release on changes in supervisory approach consistent with Vice Chair

The Board of Governors of the Federal Reserve System recently gave regulatory approval for Tennessee-based Pinnacle Financial Partners and Georgia-based Synovus Financial Corp. to merge. Shareholders approved the merger on Nov.

There is a candidate whose record is far superior. Chris Waller has sat on the Fed’s board since 2020, has worked in the Fed system since 2009 and was previously an academic. Whereas Mr Hassett’s research concerned tax policy, Mr Waller is a monetary-policy expert—and has a preternatural ability to anticipate the direction of the economy.

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank presidents live in their districts for at least three years before taking office,