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 ...

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

Trump has been ratcheting the rhetoric about Powell in recent months, calling him names like “knucklehead” and blaming the Fed chair for not cutting interest rates.

Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.

Paul Auslander, CFP and President of SeaBridge Private Wealth, joined "Forbes Newsroom" to discuss reports that President ...

The yield on the longest-dated government maturity was above 5% as of Wednesday afternoon, despite President Donald Trump's effort to push back on a report that he is likely to fire Feder ...

The president seemed to forget that he appointed Federal Reserve Chair Jerome Powell, which was part of an unsettling pattern of cognitive missteps.

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 ...

Goldman Sachs Chief Executive David Solomon said Wednesday that Federal Reserve independence is important and something that should be fought for, weighing in as noise increases that President Trump h ...