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Trump’s Fed pick gets blasted for planning to stay at the White House
Stephen Miran, President Donald Trump’s pick to join the Federal Reserve board, said Thursday that he would remain a White House employee…
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Fed
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Trump’s Fed Pick Flails Under Liz Warren’s Brutal Line of Questioning
“The Congress certified Joe Biden,” Miran repeated, leading Warren to change the subject to Trump’s firing of the Bureau of Labor…
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DOJ Takes Trump’s Revenge With Criminal Probe Into Ousted Fed Governor
After a reportedly anti-vax shooter attacked the CDC on August 8, a number of federal health employees sent a letter to Kennedy, urging…
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Economists back Fed Governor Cook as Trump attempts ouster
NEARLY 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank…
Business
What it could mean for the Fed to lose its independence
President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal…
Business
Lisa Cook seeks judicial order letting her stay on Fed board
Federal Reserve Governor Lisa Cook is urging a federal judge to keep her at the central bank while the courts consider the legal validity…
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Lisa Cook Forces the Supreme Court to Show Its True Colors on the Fed
Powell, Cook, and the other five Federal Reserve governors automatically serve on the Federal Open Market Committee, a separate body that…
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US Fed Governor Lisa Cook sues Trump over attempt to fire her
Federal Reserve governor Lisa Cook has sued President Donald Trump over attempt to fire her, setting up a potential legal battle over the…
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Lisa Cook sues over Trump's attempt to remove her from Fed
Federal Reserve Board member Lisa Cook filed a lawsuit Thursday claiming President Trump lacks the authority to remove her, setting up a…
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Video: How Trump Could Gain Control of the Fed
new video loaded: How Trump Could Gain Control of the Fed By Ben Casselman, Melanie Bencosme, June Kim, Gabriel Blanco and Jon…
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Trump’s pressure on Fed independence holds global risk, ECB’s Rehn says
President Donald Trump’s escalating attacks on the US Federal Reserve could have substantial and global knock-on effects on the financial…
Business
Gold holds ground as investors await US data for more Fed cues
Gold prices remained stable on Thursday (Aug 28), as market participants awaited US economic data due this week that could help shed…
Business
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…
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White House says Lisa Cook should take leave from Fed during legal fight over firing
Top White House officials on Wednesday urged Federal Reserve Governor Lisa Cook to vacate her position instead of waiting for a court…
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Lisa Cook should take leave from Fed during legal fight over firing, Kevin Hassett says
A top White House official said Wednesday that mortgage-fraud accusations against Fed Governor Lisa Cook are "serious" and she should…
Business
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US…
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Trump Is Calling the Supreme Court’s Bluff on the Fed
Cook, for her part, said that she would not step down. “President Trump purported to fire me ‘for cause’ when no cause exists under the…
Business
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
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Meet Your New Fed Chair: Donald Trump
Yet Reagan didn’t blame the Fed. At a press conference he said the cause was a too-high budget deficit. The real reason turned out to be…
Business
Trump vs the Fed: Why this row could rattle the US economy
Michelle Fleury New York business correspondent Donald Trump says he's sacking Federal Reserve governor Lisa Cook. She says she's not…
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Fed Governor Refuses to Cave—Vows to Sue Trump Over Firing Attempt
“Indeed, over the past several months, principal officers of the Executive (and their spokespersons) have described federal district…
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The Key Detail in Trump’s Attempt to Fire a Fed Governor
He is technically adhering to Congress’s rules for the Federal Reserve, regardless of whether his motives are pure. Source link
Business
US: Wall St opens subdued after Trump's latest attack on Fed
Wall Street’s main indexes opened slightly lower on Tuesday (Aug 26), pressured by a rise in longer-dated Treasury bond yields after US…
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Trump’s Attempt to Fire Fed Governor Is More Terrifying Than It Seems
More than 150 FEMA employees signed the letter anonymously, while only 36 signed their names. The agency has already lost one-third of its…