U.S. President Donald Trump called Federal Reserve Chair Jerome Powell to the White House on Thursday for their first face-to-face meeting since he took office in January and told the central bank chief he was making a "mistake" by not lowering interest rates.

The meeting, which comes after months of unrelenting attacks from Trump against the Fed chief, took place at the White House and was at Trump’s request.

The statement said that Powell did not discuss his expectations for interest-rate policy, “except to stress that the path of policy will depend entirely on incoming economic information and what that...

Asian shares were mostly lower Friday as uncertainty grew about what will happen next after a U.S. court blocked many of President Donald Trump’s sweeping tariffs.

Stocks are rising on Thursday after a U.S. court blocked many of President Donald Trump’s sweeping tariffs, though the gains got less strong as trading progressed from Asia to New York.

Musk announced his departure a day after an interview clip showed him saying Trump’s “big, beautiful” bill “undermines” DOGE.

Elon Musk has said he is leaving the Trump administration after helping lead a tumultuous drive to shrink the size of US government that saw thousands of federal jobs axed.

Despite the upheaval, the billionaire entrepreneur struggled in the unfamiliar environment of Washington, and he accomplished far less than he hoped.

We’re following the latest updates and analysis on the Donald Trump administration. Follow along live.

President Trump has handed out pardons to convicted fraudsters who he argued have been unfairly targeted, including a number of his supporters.

President Trump is employing the vast power of his office to redefine criminality — using pardons to inoculate criminals he happens to like, downplaying corruption and fraud as crimes and seeking to ...

Many of Trump’s acts of clemency have rewarded an ally or someone tied to an ally, or they have served a clear and not terribly subtle political purpose.