President Donald Trump is inviting fresh congressional scrutiny over his power as commander in chief with a crackdown on drug smuggling off the coast of Venezuela. In the coming weeks, Democrats will force a vote on Trump’s authority to sink boats that he says are run by “narcoterrorists” trafficking drugs into the United States,

The U.S. Senate on Monday narrowly confirmed Stephen Miran to the Federal Reserve's Board of Governors, expanding President Donald Trump's influence over the world's most important central bank and h...

The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers responded to con...

Senate Democratic Leader Chuck Schumer said ahead of the vote that Miran “has no independence” and would be “nothing more than Donald Trump’s mouthpiece at the Fed.”

The appearance Tuesday before the Senate Judiciary Committee represented the first oversight hearing of Patel’s young but tumultuous tenure and provided a high-stakes platform for him to try to demon...

The hearing got very heated at times as Democrats decided to go with a scorched-earth approach and Patel responded in kind, leading to several shouting matches.