JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S. interest rates climbing higher, a prospect he described as a "cause for concern".

Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and claiming the U.S. is losing billions.

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

Vought sent a letter to Powell probing him with questions over the renovation of the Federal Reserve’s headquarters in Washington, D.C.

Republicans believe Powell’s testimony to Congress about an ongoing $2.5 billion DC office renovation may be a way to force him to step aside.

Deputy Treasury Secretary Michael Faulkender told Yahoo Finance he would like to see Federal Reserve Chairman Jerome Powell step down from the central bank's Board of Governors after his term as chair ends next May.

The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should resign immediately” if the investigation proves he misled