Federal Reserve nominee Judy Shelton questioned the need for an apolitical central bank at a private conference in Washington.
U.S. stock indexes fell across the board as a trade deal with China is unlikely to occur until next year and the Fed hinted no rate cuts on the horizon.
US banks BB&T and SunTrust get final approval of merger
Fed chief reasserts independence in talks with Trump
Federal Reserve Board Governor Lael Brainard also called for "heightened vigilance" against emerging risks.
Fed's Powell said no 'warning signs' in US economy
Fed's Powell urges Congress to focus on debt, deficit
Fed policymakers made a key change in the wording of their statement
Chart showing US Federal Reserve interest rates, inflation and unemployment rates since 2015.
Investors were marking time ahead of Wednesday's interest rate announcement by the Federal Reserve.
The FOMC is split on the issue but the majority is likely to go ahead with a cut amid pressure from President Trump for more drastic action.
Chart showing US Federal Reserve interest rates, inflation and unemployment rates since 2015
President Donald Trump once again attacked the US Federal Reserve on Thursday, calling for more interest rate cuts to stimulate the American economy.
“Germany and others are actually getting paid to borrow money,” Trump tweeted.
The New York Fed has scrambled to make sure banks have enough cash to meet reserve requirements and short-term interest rates do not spike
"Out with the old and in with the new," an aphorism that befits Stephen Moore's decision to withdraw his nomination from the Federal Reserve Board of Governors and embark on a career with cryptos.
Richard Clarida's remarks are likely the last before the quiet period ahead of the FOMC meeting at the end of the month.
The month-long GM autoworkers' strike has had only limited impact on the economy, according to the Federal Reserve's beige book report, but businesses nationwide are more cautious
The U.S. central bank Federal Reserve on Thursday eased capital and liquidity requirements for domestic American banks and foreign banks.
Gold prices finished lower for the third session in a row after giving up earlier, uncertainty-fueled gains.
US Federal Reserve Chair Jerome Powell said the economic picture is favorable although some of the data may not be as good as it looks
George said in a speech she doesn't think lowering the federal funds rate further will push inflation to the Federal Reserve's 2% target and could overheat the labor market.