Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

The controversy started when Bill Pulte, director of the Federal Housing Finance Agency and a close Trump ally, sent a letter to the Justice Department urging an investigation into two mortgages Cook ...

It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from officials for being slow to cut rates and splashing out $2.5 billion on ...