Powell, Clarida cleared of wrongdoing in Fed trading controversy

Federal Reserve Board Chairman Jerome Powell speaks to reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflati...

Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic

Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds. In an announceme...