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.

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.

It’s part of a larger push by Trump-aligned officials to probe the Fed and challenge Chair Jerome Powell’s leadership.

A federal judge agreed Thursday to issue a new nationwide block against President Donald Trump’s executive order seeking to end birthright citizenship.

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?

A U.S. appeals court on Thursday placed a brief pause on a judge's ruling that had blocked President Donald Trump's administration from stripping hundreds of thousands of federal workers of the ability to engage in union bargaining with U.

A man charged with attempting to assassinate Donald Trump last year at his Florida golf course told a federal judge Thursday he wants to fire his court-appointed lawyers and represent himself, saying he will be ready to defend himself before a trial jury this fall.