In a dramatic turn of events, Federal Reserve governor Lisa Cook is suing President Donald Trump to prevent his attempt to remove her from office, a legal battle that could shape the future of the Fed's independence.
President Trump's unexpected firing of Federal Reserve Governor Lisa Cook raises alarm over the central bank's independence. Wall Street reacts positively ahead of Nvidia's earnings report, but the implications for monetary policy could be significant.
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.
In a dramatic escalation, President Trump threatened to fire Federal Reserve governor Lisa Cook, fueled by allegations of mortgage fraud. As tensions rise within the central bank, what does this mean for interest rates and Trump's control over monetary policy?
As Federal Reserve Chair Jerome Powell hints at potential interest rate cuts, he faces the challenge of balancing economic needs with political pressure from President Trump. Can he maintain the Fed's independence while navigating this tricky situation?
U.S. stock futures remain steady ahead of Jerome Powell's anticipated speech at Jackson Hole. Investors are eager for insights on interest rates as major indices face a losing streak, with notable movements from Intuit and Zoom shares.
As Jerome Powell prepares for a crucial speech at Jackson Hole, the pressure mounts from President Trump for the Fed to lower interest rates. With hiring slowing and inflation rising, how will Powell navigate these economic challenges? Discover the implications!
Jerome Powell's final appearance as Fed chair at Jackson Hole will address the economic outlook amid pressures from Trump to cut rates. Will he reveal hints about the Fed's next move?
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!
Treasury Secretary Scott Bessent hints at a potential 50 basis-point interest rate cut next month, following weaker job growth indicators. What does this mean for the economy?
