The New York City comptroller and mayoral candidate said enlarging the fund is necessary to prepare for possible federal funding cuts.

The new Federal Reserve site will employ its own federal law enforcement officers to protect the facility filled with money.

The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.

WARREN TWP. - The Planning Board unanimously passed the preliminary and final site plans for a Federal Reserve Bank of New York cash service center at the Monday, March 10

Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday. Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans ...

Fed Chair Jerome Powell said on Friday that the Trump administration's tariffs would likely raise prices for U.S. shoppers and retailers. The scale and duration of the tariffs remain unclear but a portion of the taxes on imports will probably reach consumers, Powell told an audience at the University of Chicago.

a New York Federal Reserve research paper said on Wednesday. The New York Fed paper argued, opens new tab that the small-scale shippers of Chinese products had been key to blunting the impact of tariffs during Trump's 2017-2021 presidency. "The rapid ...

The Federal Reserve Bank of New York purchased the 118-acre site for $57.35 million in December from Somerset Associates.