Federal prosecutors have opened a criminal investigation of Federal Reserve Chair Jerome Powell over his June testimony before Congress about the central bank’s $2.5 billion renovation of its headquarters in Washington,

President Trump said on Sunday that he doesn’t “know anything” about the Department of Justice (DOJ) probe into Federal Reserve Chair Jerome Powell. In a brief interview with NBC News, Trump denied knowledge of the criminal investigation while repeating his frequent criticism of Powell,

The U.S. Supreme Court has indicated that even if President Donald Trump can fire the heads of independent agencies, it may ensure there are protections to stop these powers applying to the Federal Reserve.

B added, repo/RRP volatility, deposit swings, and inflation risks amid politics. Read more macro analysis here.

The Secretary of the Treasury suspended production of the 1-cent coin, with the final penny pressed Nov. 12., after determining it was no longer needed—and becoming increasingly expensive to make. The cost to produce the penny has increased from 1.42 cents to 3.69 cents per penny, according to the United States Mint.

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026

Trump insists the U.S. must take control of Greenland to prevent Russia or China from doing the same — an argument Beijing dismissed Monday as "an excuse" to pursue territorial ambitions.

US president repeats his desire for the territory as he mocks its defences as ‘two dog sleds’ and shrugs off impact on Nato