U.S. President Donald Trump said on Friday he would "love" if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to 1%. KEY QUOTES "I'd love him to resign if he wanted to,

President Trump certainly thinks so. He’s pounding the table for immediate rate cuts, and two of the central bank’s five governors agree. In a rare public break, they said it would make sense to start reducing rates as soon as their next meeting in July,

The first NATO summit of Trump’s second term indicates he and his European counterparts have reached an understanding: If allies pay more for their own defense, the U.S. will remain a committed leader of NATO.

It will go down as the summit where US President Donald Trump learned to stop worrying and love NATO.Trump reveled in gushing praise from leaders in The Hague -- including being called "daddy" by alliance chief Mark Rutte -- and a pledge to boost defense spending as he had demanded.