The following is the transcript of an interview with Bank of America CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Aug. 3, 2025.

The term of the current chair, Jerome Powell, is up in May 2026, and his term on the board of governors expires in January 2028.

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...

A surging number of everyday Americans now boast a seven-figure net worth once the domain of celebrities and CEOs.

Trump has launched a series of scathing attacks on Powell over his refusal to reduce interest rates. The president claimed ...

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell ...

Federal Reserve Governor Adriana Kugler said Friday she will resign from the Federal Reserve Board of Governors effective Aug ...

A Maine town challenged the Trump administration's criticism of its police department after a seasonal reserve officer was ...

The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome ...

Federal Reserve governor Adriana Kugler announced that she will step down next Friday, opening up a spot on the central ...

When the economic news is bad, Trump thinks he can just shoot the messenger. Here’s how the firing played out, as well as ...