Pritzker, and other Democratic governors, urged the Trump administration in a Thursday letter not to send troops into their cities. “Whether it’s Illinois, Maryland and New Yo

It's the administration's latest bid to gut a 1935 precedent that limited the president’s power to remove leaders of regulatory agencies.

Donald Trump’s pick to join the Federal Reserve’s board of governors has vowed to “preserve [the] independence” of the central bank if he is confirmed in the position by the US Senate. Stephen Miran will try to reassure lawmakers at a hearing on Thursday that he would resist external influences and base decisions on his “analysis of the macroeconomy” — at a time of unprecedented pressure from the president for the Fed to cut interest rates.