The central bank held its benchmark rate Wednesday
Herman Cain’s nomination had raised concerns about the Fed's ability to remain politically independent
Smaller firms would only have to submit resolution plans every three years
The bank allegedly processed more 2,000 payments that violated multiple sanctions
The rating agency reacts to changes proposed by the U.S. Federal Reserve Board on Monday
Proposed framework would reduce banks' capital requirements by about 0.5%
Proposed rule aims to limit the interconnectedness of large banks
The central bank’s governor says the yield curve isn’t a cause for concern
Policy-makers cite rising threats to U.S. economy
Many economists think the central bank may raise rates just once this year if the economy slows significantly