President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

The Federal Reserve Act has been amended a handful of times as the country's grown and faced economic challenges. Key among them is a 1933 amendment that created the Federal Open Market Committee ...

Although the Federal Reserve is — and thinks of itself as — part of the government, 100 percent of the $37 billion in paid-in ...