Scott Bessent, the intrepid U.S. Treasury Secretary, once floated an idea so wild it made Wall Street spill its martini: a “shadow Fed chair.” Last October, Bessent suggested naming Jerome Powell’s successor more than a year early,

In its skinny budget, the Trump administration detailed plans to shutter the U.S. Chemical Safety and Hazard Investigation Board to help “move the nation toward fiscal responsibility.”

A dozen schools including MIT and Johns Hopkins University secured a temporary restraining order against the Trump administration.

The Federal Reserve is expected to hold interest rates steady. Investors will be keeping a close eye on Fed officials’ latest economic projections—known as the “dot plot.” Any variance between the most bearish and most bullish officials might hold a key to the future of U.

Even if the Federal Reserve thought a window had opened for it to resume its interest rate cutting campaign, there's a risk it may now hold back, precisely because of the relentless political pressure President Donald Trump has put on it to ease policy.

It’s also a pretty good bet the fireworks will arrive after the Fed announces its decision, assuming President Donald Trump lambastes it and Fed Chair Jerome Powell as he has done repeatedly in recent weeks.

Donald Trump da un nuevo giro a su llamado para que la Reserva Federal recorte la tasa de interés: ahora afirma que es clave para reducir el costo de la deuda pública.

Many critics say the administration is scrapping a nonpartisan, merit-based civil service in favor of a biased, politicized system.

Lawyers for Harvard had urged the court to to block Trump's efforts to revoke its credentials to host foreign students, and block foreign students from traveling to the US to study at the university.

In the intricate landscape of the U.S. economy, a significant political and monetary policy tension has resurfaced between former President Donald Trump and the Federal Reserve.