The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration's policies are eroding trust in the U.

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, he may finally get the chance to reshape the central bank and force the aggressive easing he is demanding.

Bipartisan majorities back the first federal cryptocurrency measure to reach a president’s desk. It restricts the issuance of stablecoins to a set of authorized firms.

U.S. President Donald Trump on Friday signed a law to create a regulatory regime for dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to become an everyday way to make payments and move money.

Sen. Ron Wyden (D-Ore.) on Thursday slammed the Trump administration for not making deceased sex offender Jeffrey Epstein’s financial records available to Congress and the public. “Big news from my investigators on Epstein’s sex trafficking operation: the Trump administration has an Epstein file detailing 4,

Powell sent a letter Thursday to Powell sent a letter to Office of Management and Budget Director Russ Vought in response to OMB director's letter last week criticizing the chairman's management of the $2.5 billion renovation, which is $700 million over budget, CNN reported.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.

President Trump asked Republican lawmakers this week whether he should fire Federal Reserve Chair Jerome Powell, whom he appointed to the position in 2017. The move followed months of criticism by Trump of Powell,