New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...

Jerome Powell has long been a target of President Donald Trump, who has repeatedly criticized the Fed chair for not cutting interest rates.

President Trump has seized on the Federal Reserve’s multibillion-dollar makeover as a possible avenue for finally ousting its ...

A federal judge has restored a Democrat to the Federal Trade Commission, ruling that President Donald Trump illegally fired ...

Trump told reporters last week that he had talks with Congress members of removing the Central Bank Chair, during which he ...

Jerome Powell Resignation before May could rattle markets, Bessent warns Trump, urging patience to avoid legal and political fallout risks.

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.