Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.

President Donald Trump says “anybody” but Federal Reserve Chair Jerome Powell should head the central bank. Could that even include Treasury Secretary Scott Bessett — and would he be able to wear both hats?

U.S. District Judge Joseph LaPlante issued a preliminary injunction against Trump's birthright citizenship ban, ruling that deprivation of citizenship would create irreparable harm.

President Donald Trump has seized the authority to lay off federal workers and reorganize the federal government in a way that critics say no president has been able to do in more than 100 years.

The U.S. Supreme Court on Tuesday cleared the way for Donald Trump's administration to pursue mass government job cuts and the sweeping downsizing of numerous agencies, a decision that could lead to tens of thousands of layoffs while dramatically reshaping the federal bureaucracy.

President Donald Trump slammed a pair of Democratic lawmakers for introducing a bill that would require ICE and CBP agents to not wear face masks.

Most agencies will now face a moratorium on hiring at least through mid-October after Trump issues his third freeze order.

President Donald Trump's latest executive order delaying official tariff increases on dozens of countries until Aug. 1 has relieved some pressure on world markets, but he also ordered a 25% tax on goods imported from Japan and South Korea,