A wave of revulsion follows ICE actions in Minnesota as Trump doubles down. Key developments include a border chief's defence of a fatal shooting, prosecutors quitting, and global alarm over Fed pressure.
Donald Trump warns of a 'day of retribution' in Minnesota as fallout grows over ICE shooting. Federal prosecutors resign, and global central bankers rally around the Fed Chair.
Eleven central bank governors rally behind Jerome Powell as Trump targets the Fed over the US affordability crisis. Analysis reveals a political blame game masking thin policy substance. Read the full story.
US Attorney Jeanine Pirro defends subpoenas to Federal Reserve, saying requests for information were ignored. The probe into Chair Jerome Powell centres on a costly renovation project.
House Speaker Mike Johnson urges caution as the Department of Justice reportedly investigates Federal Reserve Chairman Jerome Powell. Read the latest on this threat to central bank independence.
JP Morgan CEO Jamie Dimon cautions that political pressure on the Federal Reserve could have the reverse effect, potentially driving inflation and interest rates higher. Read his full analysis.
Eleven top central bankers, including the ECB's Lagarde and BoE's Bailey, express "full solidarity" with Fed Chair Jerome Powell as Trump escalates confrontation. Read the latest on this threat to central bank independence.
Bank of England's Andrew Bailey joins 11 central bank chiefs in a statement of 'full solidarity' with US Fed Chair Jerome Powell, who faces a criminal probe threat. Read the latest.
Bank of England Governor Andrew Bailey and 10 other central bank chiefs pledge 'full solidarity' with Jerome Powell as he faces a potential criminal probe. Read the latest on this unprecedented show of support.
Every living former Federal Reserve chair condemns the criminal investigation into Jerome Powell as an 'unprecedented' threat to central bank independence, warning the US risks resembling an emerging market.
Every living former Federal Reserve chair warns a criminal probe into Jerome Powell undermines US economic stability. Discover the risks of political interference.
Federal Reserve Chair Jerome Powell warns a DOJ investigation is an attempt to bully the central bank. Could Trump's actions backfire, risking inflation and a bond market revolt? Analysis.
Economists warn Donald Trump's attempts to influence the Federal Reserve could trigger a dangerous return to 1970s-style inflation and global market turmoil. Read the full analysis.
Every living former Federal Reserve chair has united to condemn a justice department investigation into Jerome Powell, calling it an 'unprecedented' assault on central bank independence.
US Senator Thom Tillis vows to block all Federal Reserve nominations after a Justice Department investigation into Chair Jerome Powell, escalating a political clash over central bank independence.
Federal Reserve Chair Jerome Powell reveals the Department of Justice has threatened him with criminal indictment, a move he calls a pretext to pressure the bank on interest rates. Explore the escalating conflict.
Donald Trump's unprecedented move to sue Fed Chair Jerome Powell ignites fears of political interference, sending shockwaves through global markets. Discover the high-stakes battle for economic independence.
Hundreds of ICE agents arrive in Minneapolis after a fatal police shooting sparks protests. Meanwhile, Fed Chair Powell faces a criminal probe and Trump issues threats to Cuba. Follow the latest US political developments.
Multiple US crises unfold: ICE agents deployed after fatal shooting, Fed Chair Powell faces a criminal probe, and tensions with Iran escalate. Follow the latest developments here.
A criminal investigation into Fed Chair Jerome Powell sparks a political firestorm, threatening the central bank's independence. Read the latest on the unprecedented probe.
US Senator Thom Tillis warns a criminal investigation into Fed Chair Jerome Powell threatens central bank independence. Donald Trump calls Powell 'not very good'. Read the latest.
Donald Trump hosted Benjamin Netanyahu at Mar-a-Lago, warning Hamas faces 'hell to pay' and threatening to sue Fed Chair Jerome Powell. Netanyahu announced Trump will receive Israel's highest civilian honour.
A frantic search in Milwaukee ended after missing 4-year-old Nevin Powell and his 12-year-old sister were located safe. The boy had no coat or shoes in freezing temperatures.
Donald Trump strongly indicated Kevin Hassett will be his pick for Federal Reserve Chairman in 2026, criticising current chair Jerome Powell as 'incompetent'. Read the latest on the potential leadership shake-up.
The Federal Reserve maintains interest rates amid cooling inflation and unexpected economic strength, with new projections revealing policymakers' cautious optimism.
The Federal Reserve maintains current interest rates as inflation concerns persist and economic growth shows signs of slowing, creating global market uncertainty.
Federal Reserve Chair Jerome Powell delivers cautious message on interest rates, emphasising need for sustained inflation control before considering cuts. Market reactions and economic outlook analysed.
Jerome Powell signals Federal Reserve will maintain current interest rates despite cooling inflation, requiring more evidence before considering cuts as labour market remains strong.
Federal Reserve Chairman Jerome Powell pushes back against Donald Trump's demands for interest rate cuts, asserting the central bank's independence amid political pressure and economic uncertainty.
Donald Trump delivers stark warning to financial markets, suggesting economic turmoil will follow if he fails to secure November victory in unprecedented political intervention.