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I'll Fire Fed Governor Lisa Cook If She Doesn't Resign
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· 1d
Trump says he will fire Fed governor Lisa Cook if she doesn't resign
Cook said on Aug. 20 after Trump's initial social media post calling on her to resign that she had no intention of doing so, noting that Bill Pulte, the head of the Federal Housing Finance Agency und...
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Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central ...
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· 1d
Why the Federal Reserve has historically been independent of the White House
Firing the Fed chair or forcing out a governor would threaten the Fed’s venerated independence, which has long been supported by most economists and Wall Street investors.
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2d
U.S. DOJ to probe Fed's Cook, urging removal, according to media reports
A letter to the Fed chair from Justice Department official Ed Martin said Cook’s case 'requires further examination,' Bloomberg reported.
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