President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by the Federal Reserve Act 1913."

The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.

Warren Buffett’s Berkshire Hathaway now owns more U.S. Treasury bills than the Federal Reserve. Discover what’s behind this move and what it means for investors.

The minutes do not name participants however the majority of the 12-member FOMC left the Federal Funds Rate unchanged in a range of 4.25% to 4.5% last month, citing elevated uncertainty despite seeing economic activity moderating during the first half of the year.

Larry Lindsey, The Lindsey Group president and CEO, joins 'The Exchange' to discuss Lindsey's potential nomination to chair the Federal Reserve, the CEO's thoughts on recent economic data and much more.

This article will be updated throughout the day, so check back often for more daily updates. President Trump is pressuring a second member of the Federal Reserve Board of Governors to resign, and it may be making investors nervous.

The minutes of the rate-setting Federal Open Market Committee, published on Wednesday, showed that “some [members] noted that it would not be feasible or appropriate to wait for complete clarity on the tariffs’ effects on inflation before adjusting the stance of monetary policy”.