The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.

Trump's former defense attorney Emil Bove faces opposition from former judges and Democrats as his nomination for the Third Circuit Court of Appeals faces first test.

Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.

Federal employees can get permission to work from home or adjust their hours to accommodate religious fasts and prayers, the Trump administration said on Wednesday, after previously demanding that workers report to offices full time.

A federal judge in Maryland may soon become the second to block President Donald Trump’s order restricting birthright citizenship from taking effect nationwide.

The Supreme Court cleared the way for mass Education Department layoffs, bolstering President Donald Trump’s federal workforce cuts while legal battles continue.