The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

The Fed’s caution is likely to put it on a collision course with Mr. Trump, who has repeatedly urged the central bank to cut ...

The disclosure by the Federal Reserve that it plans to slash its workforce by 10 percent in coming years strikes us as newsworthy. The central bank is characterizing the staff cuts as part of its ...

In an internal memo to staff on Friday ... at the Washington-based Board of Governors. Cuts are expected to be made across the entire Federal Reserve System, including the 12 regional banks.

The Federal Reserve ... Powell informed staff on Friday in a memo viewed by Bloomberg News. Michael McKee looks at the structure of the central bank and where potential job cuts may happen.

The Federal ... Reserve Board employees who are eligible for full retirement as of Dec. 31, 2027, similar to how the central bank handled its workforce reductions in a 1997 efficiency push. "Board ...

Officials also expressed their worry about an economic slowdown and difficult tradeoffs they may have to consider.

The Federal Reserve is planning to reduce the workforce at the central bank by 10% over the next few years, according to a memo reviewed by FOX Business. Fed Chair Jerome Powell sent a memo on ...

The Consumer Financial Protection Bureau is asking examiners and enforcement attorneys to write memos on pending matters that ...