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?

The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.

WASHINGTON — President Donald Trump and Texas lawmakers on Friday defended the federal government’s response to the deadly July Fourth flooding in Central Texas, claiming that aid was quickly dispatched to reeling communities after the floodwaters swept through.

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.

Fed meeting minutes reveal growing divisions among policymakers, with several officials signaling openness to a rate cut this year amid modest inflation pressures and tariff uncertainties, while others favor maintaining the current stance.

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.

President Donald Trump said his administration is weighing whether to take control of the city of Washington, DC, to help combat crime, in a move that would represent a dramatic upheaval to the capital’s half-century of home rule.