In Washington, D.C., myths die hard. Chief among them is the cherished "independence" of the U.S. Federal Reserve. Politicians swear it's sacred, economists worship it like a pagan idol, and central ...

The market’s latest move is up in part because Trump said late Tuesday that he has “no intention” to fire the head of the ...

Victor Davis Hanson critiques Joe Biden's speech and discusses perceived distortions in its media coverage, particularly by ...

The central bank’s legitimacy is at risk as the president attacks the Fed for cutting rates before election but not now.

Three federal prosecutors placed on leave amid a probe into their handling of New York City Mayor Eric Adams' now-dismissed ...