President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers. In fact,

In fact, there’s a long history of presidents putting pressure on Fed chiefs to cut interest rates. But President Trump’s public harangues to fire Jerome Powell are unprecedented and could create more difficulties.

The American Federation of Government Employees is planning to lay off more than half its staff, as the largest federal employees’ union reels from President Donald Trump’s move to end collective bargaining rights for many federal workers.