The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings ...

What is the Federal Reserve? The Federal Reserve, frequently referred to simply as “the Fed,” is the most important financial institution in the United States — and arguably the world.

The nation's most important financial institution has always acted independently. President Trump is trying to change that.

Nor is the federal system profitable to the federal government. The government’s own estimates expect to lose 19 cents on the dollar of federal loans they administer over the next decade.

A sweeping proposal could extend Federal Employees Retirement System–level pensions to the private sector, reshaping how Americans plan for retirement.