In a dramatic turn of events, a federal judge is set to expedite the legal proceedings that could decide if President Trump can remove Federal Reserve governor Lisa Cook. The judge will review a request to temporarily block the dismissal while the lawsuit unfolds.
Amid accusations of misconduct, Lisa Cook, the first Black woman on the Federal Reserve Board, vows to fight Donald Trump's attempt to remove her. With a history of overcoming adversity, Cook's battle highlights issues of justice and representation in finance.
Lisa Cook, the first Black woman on the Federal Reserve Board, faces unprecedented attacks from Trump and his allies. Despite her qualifications, they question her integrity and qualifications in a bid for control.
In a surprising call to action, a top Justice Department official has urged the Federal Reserve's chair to remove a board member amid allegations of mortgage fraud, following President Trump's demands for accountability.
In a major banking move, the Federal Reserve has approved Capital One's merger with Discover. This comes alongside a $100 million fine for Discover's past interchange fee overcharges and a commitment to customer repayments.
