U.S. President Donald Trump's team is reviewing new contenders to lead the Federal Reserve once Chair Jerome Powell's term ends in May, including a longtime economic consultant and a past regional Fed president,

Federal Reserve Governor Christopher Waller is emerging as a top candidate to serve as the central bank’s chair among President Donald Trump’s advisers as they look for a replacement for Jerome Powell,

Days after the devastating July 4 flooding in Texas, President Trump signed a memorandum classifying Weather Service employees as public safety employees. The designation does not protect these employees from future cuts, but it does make them exempt from the current government hiring freeze, Mr. Fahy said.