Trump has repeatedly pressed Federal Reserve chair Jay Powell to lower interest rates in an attack on the central bank’s independence. Meanwhile, Congress has passed the president’s flagship budget bill, which is forecast by independent analysts to add trillions of dollars in public debt in coming years.

Wall Street warns that record US stock highs mask deeper risks, as investors fear Trump’s looming tariffs and rising deficits could destabilize markets despite current optimism.

President Donald Trump for the first time since returning to office will send weapons to Kyiv under a presidential power frequently used by his predecessor, two sources familiar with the decision said on Thursday,