Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.

Investors focus on the Fed's policy decision and Chair Jerome Powell's news conference. Earnings from Meta and Microsoft are due after the closing bell.

U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are, a move that could upset President Donald Trump but was one that Wall Street was widely expecting.

Missouri Republican Sen. Josh Hawley voted with Democrats Wednesday to advance his bill to ban US lawmakers from stock trading, over the opposition of other Republicans on the panel and drawing the ire of President Donald Trump.

President Donald Trump lashed out at Sen. Josh Hawley on Wednesday after the Republican's proposal to ban stock trading by members of Congress — and the president and vice president — won bipartisan approval to advance in a committee vote.

Sen. Rand Paul, R-Ky., urged Democrats to vote against the bill because it included an exemption for Trump and Vance. Sen. Bernie Moreno, R-Ohio, the original bill’s cosponsor, pulled his support when Hawley introduced the modified version, telling lawmakers during a hearing Wednesday “I have no idea what we’re voting for.”