Trump administration live updates: Fed to decide whether to increase interest rates

What to know today INTEREST RATE DECISION: The Federal Reserve is expected to decide today whether to raise interest rates to fight rising inflation, putting its chair, Kevin Warsh, on a potential collision course with President Donald Trump, who has repeatedly urged the central bank to cut rates. EL-SAYED MEETING WITH DEMOCRATS: The Democratic nominee for Senate in Michigan, Abdul El-Sayed, is expected to meet with Senate Democrats at their campaign headquarters in Washington this morning. The meeting comes as Sens. Elissa Slotkin and Gary Peters, who is retiring from Congress, urged fellow Democrats to coalesce around El-Sayed, a person with knowledge of the plans said. EPSTEIN FILES PROBE: The House Oversight Committee voted unanimously to recommend the full House find billionaire Leon Black in contempt of Congress over his refusal to comply with subpoenas related to its probe into the late sex offender Jeffrey Epstein.

Live updates and the latest news on the Trump administration as the Federal Reserve is expected to decide whether to raise interest rates.