The president's budget proposal sits with the Senate, but whether it'll listen to the CBO's findings remains to be seen.

Under pressure from President Donald Trump to lower interest rates, Federal Reserve Chairman Jerome Powell met with the president at the White House, where Trump continued to press his case and ...

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell defended the central bank’s response to the COVID-19 pandemic Sunday in a Princeton University speech in which he also praised government employees and U.S. universities, both of which have been targeted by the Trump administration.

President Donald Trump urged the Federal Reserve to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.

The US president has repeatedly called on the Fed to lower rates, but thus far has not said by how much.  Read more at straitstimes.com. Read more at straitstimes.com.

Michael Horowitz previously won praise from Trump supporters for uncovering problems in the FBI’s handling of the investigation into the president's Russia connections.

A pair of Federal Reserve policymakers signaled on Thursday that they believe higher inflation is for now a more pressing risk than a slowing labor market, a view that implies support for keeping monetary policy on hold for longer.