Federal Reserve Chairman Jerome Powell announced on Wednesday that the central bank would cut rates amid President Donald Trump’s attempts to reshape the Fed’s independence. The chairman announced ...

Former U.S. President Joe Biden overstepped his authority when he ordered a withdrawal of sizable portions of federal waters from future oil and gas development, a federal judge in Louisiana ruled.

Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.

WASHINGTON (AP) — High gasoline prices are the problem that President Joe Biden keeps trying to fix — and roughly a year’s worth of extraordinary efforts have done little to significantly lower costs.