Trump, Lisa Cook and Federal Reserve
Digest more
President Donald Trump was criticized in a Wall Street Journal editorial over his latest attack on the Federal Reserve with a word he is presumably unlikely to know. The editorial published Tuesday evening in the Rupert Murdoch-owned newspaper took aim at Trump after the president doubled down on his battle with the central bank,
President Donald Trump on Monday said he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media — the first instance of a president firing a central bank governor in the central bank’s 111-year history.
Kevin Hassett, President Donald Trump's top economic advisor, comments come amid a brewing legal battle between Cook and the Trump administration.
In today’s edition, Rob Wile breaks down the potential economic consequences of President Donald Trump’s latest attack on the Federal Reserve.
4hon MSN
Meet the lawyer challenging Trump’s Fed firing — and defending other targets of Trump’s retribution
His newest client, Federal Reserve Governor Lisa Cook, cements his status as one of the most sought-after defense attorneys in Trump’s Washington. Lowell is preparing to challenge Trump’s purported firing of Cook — a case that has massive implications for the future of the American economy and seems destined to be decided by the Supreme Court.
President Donald Trump’s attempt to fire one of the seven Federal Reserve governors will likely end up in court and could more clearly define the limits of the president’s legal powers over the traditionally independent institution.
While past presidents have expressed views about monetary policy, Trump's attempts at influence are largely unprecedented — no Fed member has ever been removed for cause.
Senate and House Democrats call Trump's firing of Federal Reserve Governor Lisa Cook illegal and warn it puts American economy and savings at risk.
President Donald Trump’s efforts to revamp the Federal Reserve could have far-reaching consequences for the U.S. economy and everyday Americans.
Trump's move to fire Federal Reserve Governor Lisa Cook comes amid Trump's monthslong efforts to influence the central bank's rate cut decisions.
The unprecedented step could test the boundaries of presidential power over the independent monetary policy body should it be challenged in court.
17hon MSN
Trump's push to oust Fed's Lisa Cook unites anti-DEI effort, bid to control independent institutions
President Donald Trump's vow to fire Lisa Cook, an economist who is the first Black woman to serve on the Federal Reserve's board of governors, kicked off another tense debate and likely legal battle over a major institution's independence.