Donald Trump says "the Two Kevins" are among the leading candidates to lead the Federal Reserve. Someone else is surging in prediction markets.

After months of public disagreements between US President Donald Trump and Federal Reserve Chairman Jerome Powell over rate cuts, the unexpected announcement by Fed Governor Adriana Kugler to leave her position has brought question of Powell's replacement to fore.

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.