The president has spoken repeatedly of his desire to install a majority of political loyalists on the board of the rate-setting central bank.

The ⁠court has been largely deferential to Trump in a series of rulings on an emergency basis since his return to office 12 months ago as he repeatedly tests the limits of presidential authority. The justices, however, may be less eager to strengthen Trump's hand over the economy.

As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.

During a bilateral meeting with Prime Minister and Crown Prince of Bahrain Salman bin Hamad Al Khalifa several months ago in July, Donald Trump seemingly forgot he was the one who nominated Jerome Powell for Chair of the Federal Reserve, blaming it on ...

The importance of an independent Fed was cemented for most economists after the extended inflation spike of the 1970s and early 1980s.

President Donald Trump claimed on Tuesday evening that former President Joe Biden could have used autopen to approve all four of his Federal Reserve appointees. If those allegations are true, he said, that could mean the officials aren’t officially ...

During a bilateral meeting with Prime Minister Salman bin Hamad Al Khalifa earlier this year, Donald Trump seemingly forgot he was the one who appointed Jerome Powell for Chair of the Federal Reserve, blaming it on former President Joe Biden. "I was ...