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Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.
White House press secretary Karoline Leavitt said Thursday that President Trump has been diagnosed with chronic venous ...
Donald Trump’s relentless pressure on Jerome Powell is once again roiling markets and raising questions about what would ...
It is becoming clear what the major challenge will be for Jerome Powell’s successor: Maintaining the Fed’s independence while ...
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this ...
The Federal Reserve's] hesitancy to cut rates, I think, is actually … quite a mark against them,” former Fed governor Kevin Warsh said.
WASHINGTON (AP) — The House is expected late Thursday to approve President Donald Trump’s request to claw back about $9 billion for public broadcasting and foreign aid as Republicans target ...
Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...
Trump's beef with Jerome Powell centers on interest rates, but he has also started criticizing his management of the renovation of two Fed buildings.
Trump has made a volatile enemy out of Governor Gavin Newsom. California sued the federal government last month after Trump ...
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.