Trump administration updates: Schumer continues to face calls for new leadership

As the Federal Reserve holds rates steady, Trump is pressing the central bank to cut rates.

"The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy," Trump posted on Truth Social Wednesday night. "Do the right thing. April 2nd is Liberation Day in America!!!"

April 2 is when Trump's reciprocal tariffs go into effect. Trump says this means what other countries "charge us, we charge them." Trump officials are currently undertaking the massive task of trying to sort through how to determine the tariff rates for hundreds of countries and territories that the U.S. trades with.

-ABC News' Selina Wang

The Trump administration appears to be targeting a Georgetown University fellow due to his wife's identity as a Palestinian and her constitutionally protected speech, a lawsuit alleges.

On March 17, Badar Khan Suri, a visiting scholar with lawful status, was arrested outside of his apartment building and charged with removability and detained, according to a complaint obtained by ABC News.

"This was done pursuant to a policy to retaliate against and punish noncitizens like Mr. Suri solely for their family ties to those who may have either expressed criticism of U.S. foreign policy as it relates to Israel," attorneys representing Suri said in the complaint.

On Monday, according to the complaint, law enforcement agents who identified themselves as members of the Department of Homeland Security, told Suri that the government had revoked his visa and did not permit Suri's wife to hand over his passport and other documents.

The complaint likened Suri's treatment to that of Mahmoud Khalil, a pro-Palestinian activist who was recently arrested by federal immigration agents at Columbia University.

-ABC News' Laura Romero

Trump at 4 p.m. ET today is holding an education event at the White House and will sign an executive order.

The president's order will direct Education Secretary Linda McMahon to take all necessary steps permitted by law to dissolve the Department of Education, sources told ABC News.

The move has been months in the making and will help the president fulfill his campaign promise of returning education power and decisions to the states.

Read more here.

The Trump administration is proposing that a swath of land along the United States border with Mexico be designated as federal land where military troops could carry out jurisdiction authorities, including temporarily holding migrants until federal law enforcement arrives, officials said.

The administration official said the proposal would make it easier for troops to operate along a border that is a mix of federal, state, public and private land.

Declaring it a federal designated area would make that easier to operate for military engineering teams that might be building temporary walls and would allow temporary detention of migrants.

The new proposal is not a use of the Insurrection Act, but instead would essentially be declared federal land like on a military installation, allowing military personnel to have the authority to protect their base.

-ABC News' Luis Martinez