President Donald Trump hosts Jordan’s King Abdullah II at the White House on Tuesday as he escalates pressure on the Arab nation to take in refugees from Gaza.

The Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, Fed Chair Jerome Powell said in opening remarks prepared for delivery at a Senate Banking Committee hearing.

Steve Bannon pleaded guilty in New York state court to a fraud charge related to his fundraising campaign for the U.S.-Mexico border wall.