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The Fed and the US economy

Ongoing coverage of Fed rate decisions, what Fed officials say, the fight over Fed independence, and US jobs, inflation and Treasury yield data, updated daily.

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Federal Reserve

Administration

What they said

What the key figures said on the record, as reported.

  • Michelle Bowman
    Fed plans to overhaul bank supervision responsibilities, Bowman says

    The Federal Reserve plans to change how it supervises U.S. banks, replacing a system in which regional bank presidents oversee examinations with a model that will be more accountable to Washington, the central bank’s top regulatory official, Michelle Bowman, said Tuesday.

    RReuters 2026-10-06 16:00

  • Michelle Bowman
    Fed's Bowman says changes to bank stress test coming soon

    The Federal Reserve’s top regulatory official, Michelle Bowman, said Friday that an overhaul of the central bank’s stress test for major banks is imminent. She said the changes would make the process more transparent and outcomes more predictable for lenders, addressing reforms long sought by the industry.

    RReuters 2026-09-18 14:15

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