Fed Chair Jerome Powell is defending against attacks from the Trump administration, which alleged he's mismanaged renovation of the Federal Reserve headquarters.

The tumult is well underway and multiple questions remain unanswered. Here are the latest developments, commentary, and analysis.

Funding clawback: In a vote early Friday, Congress approved a White House request to claw back $9 billion for foreign aid and public broadcasting, after Republicans bowed to Mr. Trump in an unusual surrender of congressional spending power. The House’s 216-to-213 vote sent the package to Mr. Trump for his signature. Read more ›

Donald Trump has weighed in on CBS axing The Late Show with Stephen Colbert while taking aim at several other late-night hosts.It was announced yesterday that CBS will bring The Late Show to an end in May.

Welcome to our live blog tracking the latest developments from US President Donald Trump's second term in office. Get real-time updates on Trump's policy decisions, legislative actions, headline-grabbing statements and various other developments impacting the US and the world.

The Massachusetts senator insisted that Trump's "biggest concern" is the Federal Reserve, and that he may make a grave error with his recent firing calls

The President of the United States lost his cool in the Oval Office on Wednesday, appearing to angrily shout at his staff to "turn off" the live broadcast as the presser turned chaotic

President Donald Trump on Friday signed the first major federal law governing cryptocurrency, a business that Trump's family has begun forging strong ties to and has promoted in recent years.

The report, which the president says is false, comes amid heightened scrutiny of Trump’s relationship with the now-deceased sex offender.