In a pivotal ruling, the Supreme Court has allowed Federal Reserve governor Lisa Cook to stay in her position, as it prepares to hear a significant case involving Trump’s efforts to oust her from the central bank.
In a significant legal setback for President Trump, a federal appeals court has ruled that Lisa Cook, a Federal Reserve governor, can participate in upcoming meetings, maintaining her role despite Trump's attempts to dismiss her over unfounded fraud allegations.
In a narrow Senate vote, Stephen Miran has been confirmed to the Federal Reserve Board, expanding Trump's influence as a key policy meeting looms with expectations of a rate cut to support the labor market.
In a high-stakes legal battle, Federal Reserve Governor Lisa Cook is challenging the Trump administration's attempt to remove her from the board. As the Fed prepares for its next interest rate decision, the implications of this case could have lasting effects on the economy.
A federal judge has ruled against Trump's attempt to fire Fed Governor Cook over alleged mortgage fraud, reinstating her to the board just ahead of a crucial interest rate decision by the Fed.
In a dramatic move, the Trump administration has filed an appeal to remove Fed governor Lisa Cook following a judge's ruling that protects her position amid allegations of mortgage fraud. With a crucial rate-setting meeting approaching, the stakes are high.
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.
