Reports of Trump firing Fed Chair Powell caused major indexes to fall midday Wednesday, but losses were pared as Trump backed off.

Live updates and the latest news as JD Vance touts passage of GOP agenda bill and the Senate votes on Trump-requested cuts to foreign aid and public broadcasting spending.

President Donald Trump hosted Bahrain’s Crown Prince Salman bin Hamad Al Khalifa at the White House on Wednesday, but attention quickly shifted to Federal Reserve Chair Jerome Powell amid speculation ...

President Donald Trump speaks to members of the media with Secretary of Labor Secretary Alex Acosta on the South Lawn of the ...

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

Amid reports that President Trump may fire the head of the Federal Reserve, Speaker Mike Johnson (R-La.) said Wednesday that it’s unclear if the president has the power to do it.

Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...

President Donald Trump is hosting a pair of Arab Gulf leaders at the White House on Wednesday as violence between Israel and ...

The market reaction was muted following earlier reports of the president taking steps against the Fed chair soon in a ...

Trump denied he’s about to fire Jerome Powell but told reporters he can’t believe some idiot appointed him Fed chair back in 2017.

WASHINGTON -- President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours after suggesting in a private ...