The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.

U.S. employers added just 143,000 jobs last month, but the jobless rate slipped to 4% to start 2025 and the government ...

Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.

The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both ...

Buyers are backing away from increasingly uninsurable homes, and homeowners are struggling to keep up with rising monthly ...

WASHINGTON, Jan 17 (Reuters) - The U.S. Federal Reserve announced on Friday it ... who is critical of efforts by governments to prescribe climate change policies, is set to take office.

The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing ...

Climate change deniers are experiencing a renaissance, especially on social media. In concert with this upswing in denialism, ...

The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has ...

Trump has long distanced himself from the controversial policy blueprint Project 2025, but is still taking steps that reflect ...

A White House memorandum ordered a halt to federal assistance and a review to align spending with Donald Trump’s priorities.