Extreme bond market agitation has put the Federal Reserve in a bind. It can either cool long-term inflation fears or acquiesce to President-elect Donald Trump's complaints about interest rates being "far too high.

Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.

Michael Barr’s sudden decision to step down as the Federal Reserve’s vice chair for supervision has just confirmed what everyone already saw coming: a full-blown clash between Donald Trump and the Federal Reserve.

Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.

That said, Trump has also expressed an interest in having “at least a say” in monetary policy. Then again, in the same hour on Tuesday, Trump also called for the U.S. to absorb Canada, seize the Panama Canal and Greenland, and rename the Gulf of Mexico the Gulf of America. All or none of that might come to fruition.

Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the job Monday.

Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.

President-elect Donald Trump’s legislative agenda faces roadblocks before he even takes office. Despite his Republican Party controlling all branches of the federal government, resolving a once-in-a-decade fight over the tax code as well as immigration and energy policy overhauls is troubled by arcane budget rules,

Asian stocks are mostly lower as caution revives over a likely deepening of trade friction once President-elect Donald Trump takes office. Shares fell in Tokyo after Japan reported strong wage growth for November,

The central bank cut rates last month but saw risks of somewhat firmer price pressures this year due to potential tariff increases by President-elect Trump.