Fed, Trump and Jerome Powell
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Trump, Fed and tariffs
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The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
The Trump administration has revoked $4 billion in federal funding for California's long-delayed high speed rail project.
Reports that President Trump was planning to fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.
The Supreme Court cleared the way for mass Education Department layoffs, bolstering President Donald Trump’s federal workforce cuts while legal battles continue.
A federal judge in Maryland may soon become the second to block President Donald Trump’s order restricting birthright citizenship from taking effect nationwide.
Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting further clarity on inflation.
The policy requires documentation of immigration status as a condition for enrollment for the first time in the program’s 60-year history.Start the day smarter. Get all the news you need in your inbox each morning.