Harvard University will be back in court Monday for a major hearing in its funding fight case against the Trump administration, the next step in a battle over restoring more than $2 billion in federal funding for research frozen by the White House this spring.

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.

Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.

Becoming a federal prosecutor was a longtime professional dream for Erika Evans, one she achieved nearly four years ago. But Evans soured on her job as an assistant US attorney in Seattle this year soon after President Donald Trump returned to the White House.

President Donald Trump wants the Federal Reserve to slash interest rates by three percentage points, a massive cut that could push borrowing costs back to pandemic lows. With two seats at the Fed likely opening up soon,

Anthropic, Google, OpenAI, and xAI recently secured Defense Department contracts worth up to $200 million. A planned executive order could put those funds in jeopardy if they don't fall in line.

President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for years over interest rates.

Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job as head of the U.S. central bank if asked by President Donald Trump, but so far Trump has not contacted him about it.

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.

A federal judge has restored a Democrat to the Federal Trade Commission, ruling that President Donald Trump illegally fired her earlier this year in his efforts to exert control over independent agencies across the government.