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.
Federal Housing Finance Agency Director Bill Pulte has filed a second criminal referral against Fed Governor Lisa Cook, alleging mortgage misrepresentations. This follows her lawsuit against Trump's attempt to fire her.
Rumors of Jerome Powell's potential resignation are causing a stir, with many believing it could lead to a significant economic boost for America. Could this be the turning point we've been waiting for?