Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

WASHINGTON (AP) — A federal appeals court on Tuesday refused to immediately halt a judge’s order requiring the Trump administration to release billions of dollars in federal grants and loans that ...

A New York federal judge modified a temporary restraining order that prevents DOGE employees from accessing Treasury payment systems ...

As part of his plan to cut alleged federal government waste, President Donald Trump has ordered the end of the penny.

The Massachusetts senator decries Trump’s vandalism of the Consumer Financial Protection Bureau and Musk’s “Mount Everest of ...

The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.

Gear up for the budget battle Under scrutiny, Musk defends DOGE Netanyahu threatens fragile Gaza ceasefire  Zelensky floats ...

One economist warns the Trump administration may "have to put its hand on the hot stove of high tariffs" to learn the damage – or good – they could do for the economy.

President Donald Trump will need the Supreme Court, with three justices he appointed, to enable the most aggressive of the ...

Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.

Federal Reserve Chair Jerome Powell said the central bank will not launch its own digital currency while he is in charge of the central bank.

U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...