Elizabeth Warren opposed Jerome Powell. Now she worries Trump will fire him - Once the Federal Reserve chairman’s biggest critic, Warren fears Trump’s attacks on the central bank’s independence

President Trump is again clashing with Fed Chairman Jerome Powell in a face-to-face argument about interest rates and a hugely expensive renovation project at the Fed Headquarters.

The Supreme Court on Wednesday said it will allow President Trump to fire three members of the independent Consumer Product Safety Commission​.

Former Commerce Secretary Wilbur Ross believes that President Donald Trump attempting to unseat Federal Reserve Chair Jerome Powell would result in a lengthy legal battle and few benefits for the president.

The court signaled again that it believes the president has the power to fire the leaders of agencies and commissions that Congress said were independent.

A judge had reinstated three members of the Consumer Product Safety Commission, a federal agency set up by Congress to be independent of political pressure.

Fed staff told reporters that it would have been less expensive to just build a new building rather than restore the two historic properties.

A breakthrough in talks on a cease-fire deal between Israel and Hamas has eluded the Trump administration for months as conditions worsen in Gaza.