In a pivotal court hearing, a federal judge reviewed the legality of President Trump's attempt to remove Federal Reserve Governor Lisa Cook over alleged mortgage misrepresentations. The outcome could redefine presidential power over the Fed.
In a dramatic development, the Federal Reserve stated it would respect any court ruling regarding President Trump's attempt to remove Board member Lisa Cook. Cook plans to challenge her termination, asserting her legal rights.
The Federal Reserve's latest minutes reveal crucial insights from the July 2025 FOMC meeting, shedding light on the economic landscape and future policy directions. Discover what the Fed discussed and its implications!
In a striking move, President Trump has called for the resignation of Federal Reserve Governor Lisa Cook, aiming to gain influence over the central bank and push for lower interest rates. This bold action raises questions about his control over the Fed amidst Supreme Court challenges.