President Donald Trump visited the Motor City on Tuesday to tout what he considered wins on the economy and other aspects of his second term, which have included a rough economic start, a brutal immigration crackdown that has led to the shooting death of an American citizen,

Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.

US President Donald Trump has been pushing the Federal Reserve to cut rates. Speaking at the Detroit Economic Club on Tuesday, Trump said that the Fed should be cutting rates because the economy has been strong.

President Donald Trump addressed members of the Detroit Economic Club during a visit to Michigan on Tuesday. PRESIDENT DONALD TRUMP: We have a real stiff in the Fed, but that's for another day. But they raise rates.

The Justice Department's investigation of the Federal Reserve came after months of remarks by Trump that he believed Powell should face legal action or resign.

Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.

U.S. Federal Reserve Chair Jerome Powell “has served with integrity, focused on his mandate and an unwavering commitment to the public interest,” read the statement signed by nine national central bank heads.

President Donald Trump is addressing the Detroit Economic Club as his justice department investigates Federal Reserve chair Jerome Powell.