Treasury Secretary Scott Bessent is taking aim at both the Federal Reserve and the rules the Fed enforces as a supervisor of big banks but making it clear he doesn't think Fed chair Jerome Powell needs to step down immediately.

President Donald Trump will hold events with the president of the Philippines at the White House and then have a reception with Republican lawmakers on Tuesday.The president also continues to face backlash from his MAGA supporters over his administration's handling of files related to the investigation into Jeffrey Epstein.