Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...

Wall Street is hanging near its records on Thursday following some better-than-expected updates on the economy and a mixed ...

Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.

The Fed's independence is key for dollar stability. Firing Powell and tariff-driven policies could impact inflation, interest ...

President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...

The project has exceeded its initial budget. But what the Trump adminstration really wants is lower interest rates.

Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...

President Donald Trump is wrong to challenge Federal Reserve Chairman Jerome Powell. The independence of the central bank is ...

U.S. shares were poised for a flat open after comments from President Trump on Jerome Powell's future had knocked stocks and pushed up Treasury yields in the previous session. Jittery markets are ...

The Senate voted to approve a rescission package that claws back funds allocated for public media and foreign aid. And, ...