The Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.

President Donald Trump said Wednesday it’s “highly unlikely” that he’ll fire Federal Reserve Chair Jerome Powell after signaling otherwise a day earlier in a private meeting with lawmakers.

The Big Money Show' hosts talk the Federal Reserve's handling of monetary policy and the fate of Jerome Powell's role as Fed chair.

Two top contenders to replace Jerome Powell slammed the Fed chair for a $2.5 billion renovation of the central bank's headquarters. One says the Trump administration is examining whether it can fire the policymaker,

JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'

The investigation into cost overruns on a renovation of Fed headquarters is drawing concern that it's a pretext to eventually fire the central bank chief.

The Trump administration is toying with removing Jerome H. Powell as chair of the Federal Reserve, accusing him of mismanaging a multibillion-dollar update to its Washington headquarters.

White House press secretary Karoline Leavitt is holding a press briefing Thursday afternoon, as the Trump administration faces pushback from its supporters over its handling of the Jeffrey Epstein files.