Donald Trump signed the Laken Riley Act on Wednesday as the president approves a series of initiatives meant to tackle his goal of curbing illegal immigration.

The legislation will require immigration officers to detain immigrants who are in the U.S. illegally when they're accused of lower-level crimes like shoplifting.

The Fed’s decision on Wednesday is the first following Trump’s return to office, which has been marked by a flurry of executive orders as the US president seeks to impose his agenda on Washington. Analysts say that Fed chair Jay Powell will have to resist White House pressure if he is to retain the confidence of markets and avoid unleashing a new wave of inflation.

President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday

The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,