Cook, the first Black woman on the Federal Reserve’s board of governors, has said she has "no intention of being bullied to step down from her position."

Former Michigan State economist Lisa Cook came under continued fire from President Trump but it's unclear he can fire her despite his words.

The first Black woman to serve on the Federal Reserve board, Ms. Cook has long been a pathbreaker in a field dominated by white men.

Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and would continue to do so over the coming months.

Five meetings and eight months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase i

President Donald Trump is set to replace Federal Reserve Chairman Jerome Powell next year. Here is what some of his potential picks said recently about interest rates and monetary policy. Powell has rankled Trump and his allies for months for overseeing a Fed that has thus far refused to cut interest rates due to fears of another uptick in inflation.