Trump pressures Fed Chair Powell for major rate cuts, citing savings, and signals possible replacement amid growing tensions.

President Donald Trump has once again targeted Federal Reserve Chairman Jerome Powell, urging a reduction in interest rates.

Virginia Republican Gov. Glenn Youngkin thinks the state can shoulder the burden, but Democratic U.S. Sen. Mark Warner warns of “bankrupting” states that suffer heavy hurricane damage ...

President Trump told reporters this week that he would send letters to trading partners in the next week or two setting ...

In a close vote on Thursday, the House approved a reduction of approximately $9.4 billion in previously authorized spending.

Policymakers are expected to stand pat on rates, but the devil will be in the detail of its statement and Governor Kazuo Ueda ...

As the Supreme Court bears down on the most contentious stretch of its annual session, the justices have been taking detours in opinions that reveal policy preferences and simmering grievances. When S ...

Global oil prices have skyrocketed in response to escalating geopolitical tensions between Israel and Iran, which could ...

Sarah Bloom Raskin, a former Fed governor and senior fellow at the Roosevelt Institute, says the court failed to offer a ...

U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have ...

President Trump took questions on a few different subjects during a bill signing at the White House on Thursday. CBS News White House reporter Aaron Navarro has more.

Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump’s acting head ...