The US stock market just blew past every record in history, as the capitalization-to-GDP ratio hit 208% this week, jumping nearly 43 percentage points since April. That crushes the previous high of 206% from February and more than doubles the ratio from nine years ago.

President Trump escalates pressure on Federal Reserve Chairman Jerome Powell to lower interest rates by targeting the Federal Reserve's costly renovation plans. Trump's tactics include appointing allies to review the renovations and publicly criticizing Powell,

President Donald Trump has demanded a record-breaking 300 basis point interest rate cut and announced steep new tariffs on 16 nations.

President Donald Trump continued his war against Federal Reserve chairman Jay Powell on Wednesday, demanding he be replaced in a Truth Social post. "ANYBODY BUT 'TOO LATE,'" Trump wrote — referencing his nickname for Powell of "Mr.

But their presence made a lot more sense when the new commissioners spoke up — and promptly took aim at one of Trump’s political foes, Federal Reserve Chair Jerome Powell. Powell has resisted Trump’s demands to lower interest rates.