Last updated: 2026-01-14 01:17:56 ET
Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.
Trump isn't the first president to feud with the chair of the Federal Reserve 🇺🇸
A Justice Department probe of the Federal Reserve marks the latest escalation in the Trump administration's effort to bend the independent central bank to the president's will.
The lawsuit is the latest twist in an unusual feud stemming from a video in which several Democrats reminded U.S. troops they can refuse illegal orders.
Federal Reserve Chair Jerome Powell said he was under investigation on Sunday night, the latest episode in President Donald Trump's feud with him.
