President Donald Trump accused the Federal Reserve under Chair Jerome Powell of "choking out the housing market". Trump, citing higher interest rates, said they are "making it difficult for people, especially the young, to buy a house," calling Powell "truly one of my worst appointments."

Major construction work continues at the U.S. Federal Reserve building as U.S. President Donald Trump voices complaints about Fed Chair Jerome Powell, in Washington, D.C., U.S., July 14, 2025. REUTERS/Jonathan Ernst/File Photo (Reuters) -The spiraling cost of the Federal Reserve's years-long renovation of two historic buildings in Washington,

The U.S. Supreme Court quietly backed Trump's agenda, enabling rapid federal government restructuring without explanation.

Still pending before the Supreme Court this week is an appeal from Trump's lawyers that seeks the firing of three Democratic appointees to the Consumer Product Safety Commission.

President Donald Trump asked the US Supreme Court to turn away a challenge to his sweeping tariffs, telling the justices they should let the legal fight develop before getting involved.