President Donald Trump called for Fed Governor Lisa Cook to resign after the director of the FHFA said she may have committed mortgage fraud.

The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in the job market that could become a cause for concern, Fed Chair Jerome Powell said Friday.

Bloomberg journalists answer your questions live from the Federal Reserve’s annual meeting of central bankers in Jackson Hole, Wyoming.

GOP state lawmakers in Texas are slated to approve new voting maps on Friday after California passed a dueling plan, teeing up a national redistricting war ahead of the 2026 midterm elections.

Donald Trump has demanded a Federal Reserve governor resign over fraud allegations in a fresh attack on the independence of America’s central bank.

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands.

US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data.