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Bank of England's Bailey says US Fed situation 'serious'

Any threats to the US Federal Reserve's independence would be a "very serious" issue, Bank of England Governor Andrew Bailey said today.

Business • 03 Sep

Protesters hold signs reading "Dump Trump" during a rally outside Trump Tower on Labor Day in Chicago

'We're going in' - Trump vows to send troops into Chicago

US President Donald Trump has confirmed that he will deploy troops to Chicago, which he called a crime-ridden "hellhole," though he would not say when he planned to launch his latest crackdown.

US • 03 Sep

A National Guard unit patrols the National Mall in Washington, DC.

Crime numbers disputed as National Guard deployed to DC

Analysis and Comment • 02 Sep

Donald Trump gestures during a cabinet meeting at the White House

'Serious danger' if Trump controls Fed, says Lagarde

Steps by US President Donald Trump to remove Federal Reserve Chairman Jerome Powell or Fed governor Lisa Cook would represent a "very serious danger for the US economy and the world economy", European Central Bank President Christine Lagarde has said.

World • 01 Sep

A woman in a light grey specked suit raises her hand at a meeting

US judge sets quick schedule in Fed Governor's lawsuit

A federal judge said today that she would set an expedited briefing schedule in Federal Reserve Governor Lisa Cook's bid to temporarily block President Donald Trump from firing her while she pursues a lawsuit that says he has no valid reason to remove her from the U.S. central bank.

Business • 29 Aug

A woman in a black suit sits at a board table

Fed Governor Cook sues Trump after he tried to fire her

US Federal Reserve Governor Lisa Cook has today filed a lawsuit, claiming US President Donald Trump has no power to remove her from office, setting up a legal battle that could reset long-established norms for the Fed's independence.

Business • 28 Aug

Erosion of Fed independence would lead to inflation: Rehn

President Donald Trump's escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, ECB policymaker Olli Rehn said in a speech today.

Business • 28 Aug

A man and a woman hacing a conversation at a board room table

US Fed Governor Cook will sue to keep her job

US Federal Reserve Governor Lisa Cook will file a lawsuit to prevent President Donald Trump from firing her, a lawyer for the embattled central bank official has said, kicking off what could be a protracted legal fight over the White House's effort to shape US monetary policy.

Business • 27 Aug

WASHINGTON, DC - AUGUST 26: U.S. President Donald Trump holds a cabinet meeting with members of his administration in the Cabinet Room of the White House on August 26, 2025 in Washington, DC. This is the seventh cabinet meeting of Trump's second term. (Ph

US to seek death penalty in Washington homicide cases

The US government will start seeking the death penalty in Washington DC homicide cases, US President Donald Trump has said.

World • 26 Aug

Trump moves to fire Fed governor on mortgage fraud claims

US President Donald Trump continued to increase pressure on the Federal Reserve yesterday by moving to fire Governor Lisa Cook "effective immediately", a step the independent central bank official said he had "no authority" to take.

Business • 26 Aug

US president says he wants to meet N Korea's Kim again

US President Donald Trump has said he hoped to meet again with North Korea's Kim Jong-un, possibly this year, as he held White House talks with South Korea's new leader that got off awkwardly.

US • 26 Aug

Trump says he will continue to make deals like Intel one

US President Donald Trump said today he would make deals with other companies similar to the one he announced last week with Intel.

Business • 25 Aug

Members of the Ohio National Guard patrol near diners on 14th Street in Washington, DC, US

National Guard in Washington begin carrying weapons

US National Guard troops patrolling the streets of Washington DC as part of what President Donald Trump said was his crackdown on crime began carrying weapons last night, two officials said.

US • 25 Aug

Federal Reserve Chair Jerome Powell speech displayed on a tv as traders work on the floor of the New York Stock Exchange

US Fed chair leaves door open to interest rate cut

US Federal Reserve Chair Jerome Powell today pointed to a possible rate cut at the Fed's September meeting but stopped short of committing to cutting interest rates.

Business • 22 Aug

Four men surround a fifth man while a photographer takes photos

US stops visas for foreign truck drivers after crash

The United States is immediately pausing the issuance of all worker visas for commercial truck drivers, US Secretary of State Marco Rubio has said.

US • 22 Aug

Donald Trump speaks to a group of assembled people, some in police uniform

Troops deployed in DC to 'stay for a while', says Trump

US President Donald Trump has visited police and troops that he has deployed in Washington DC, in what he calls a crackdown on crime, saying they were going to "stay here for a while."

US • 22 Aug

Trump again attacks Fed chair Powell

US President Donald Trump said yesterday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and repeated his call for a big cut to US interest rates.

Business • 20 Aug

Donald Trump and Vladimir Putin meet in Alaska

Made-for-TV pageantry as Trump brings Putin in from cold

Stepping foot on Western soil for the first time since he ordered the invasion of Ukraine, Vladimir Putin basked in choreographed pageantry courtesy of Donald Trump, but awkwardness was not far away.

Ukraine • 15 Aug

Lip-Bu Tan, the CEO of Intel, had a meeting with US President Donald Trump last week

Intel shares up on report of possible US government stake

Intel shares rose nearly 4% today on hopes of more financial aid for the turnaround of the struggling chipmaker after a report that the US government may buy a stake

Business • 15 Aug

Louise Byrne and Carole Coleman talk about the Alaska summit between Donald Trump and Vladimir Putin on Behind the Story

Podcast: Meeting Trump in Alaska 'handing Putin victory'

A meeting with US President Donald Trump is "handing victory" to Russian President Vladimir Putin, an expert has said.

Behind the Story • 13 Aug

A prison officer wearing a riot helmet stands in front of a cell full of prisoners in el salvador

US denounces Europe in scaled back rights report

US President Donald Trump's administration has scaled back a key US government report on human rights worldwide, dramatically softening criticism of some countries, such as El Salvador, that have been strong partners of the Republican president.

US • 13 Aug

Six people dressed in military uniform use a zebra crossing to cross a road in Washington

National Guard troops in Washington DC after Trump order

Members of the National Guard have arrived in Washington DC a day after US President Donald Trump announced he was deploying 800 troops to the capital and temporarily taking over the city's police department.

US • 12 Aug

US President Donald Trump and Federal Reserve Chair Jerome Powell spar over the bank's renovation costs

Trump says may allow lawsuit against Fed chair

US President Donald Trump said today that he is "considering allowing a major lawsuit against" the US Federal Reserve chief to proceed, as he renewed pressure on Fed Chair Jerome Powell to lower interest rates.

Business • 12 Aug

US President Donald Trump holds a poster which reads "BLS Overestimates Biden Jobs by Nearly 1.5 Million" in the Oval Office

Trump picks Antoni to lead US labour statistics agency

US President Donald Trump said he was nominating economist EJ Antoni as the new Bureau of Labor Statistics commissioner, 10 days after firing the agency's previous leader following a weak scorecard of the job market, accusing her without evidence of manipulating the figures.

Business • 12 Aug

Orsted plans to raise $9.4 billion in rights issue

Denmark's Orsted has today asked its shareholders for 60 billion crowns ($9.4 billion), sending the stock sharply lower as the wind farm developer seeks to boost its finances amid US President Donald Trump's opposition to wind power.

Business • 11 Aug