Justice Department opens criminal probe into Fed's Lisa Cook
The DOJ investigation comes as Cook sues President Donald Trump in federal court over her firing from the panel of central bankers that is tasked with charting the nation’s economic path.
Trump Fed nominee vows independence, unpaid leave from White House if Senate confirms him
President Donald Trump’s nominee to join the Federal Reserve Board of Governors insisted to lawmakers Thursday he would keep the central bank independent.
Lisa Cook’s three home loans at center of Trump fight over Federal Reserve seat
Trump appointee alleges Lisa Cook committed mortgage fraud on three 2021 property loans before her Federal Reserve nomination, prompting her lawsuit against firing.
LARRY KUDLOW: Lisa Cook has been fired
When the jobs report comes out on Friday, let's hope the BLS subtracts one government job
Nearly 600 economists back Lisa Cook and Fed independence in open letter
Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of economists voice support.
World leader issues warning to Trump on Fed independence
European Central Bank President Christine Lagarde warns that President Trump's threats to the Federal Reserve's independence pose serious economic risks to the U.S. and world.
Trump asks court to allow removal of Fed's Lisa Cook immediately; judge sets quick schedule
The Trump administration defended its attempt to remove Fed Governor Lisa Cook amid her lawsuit to block her firing, while the Federal Reserve asked the court for a prompt ruling.
Trump official issues second criminal referral for Federal Reserve Governor Lisa Cook
FHFA Director Bill Pulte fires off a second criminal referral letter regarding Federal Reserve System board of governors member Lisa Cook.
Cook's lawsuit against Trump sets up a potential Supreme Court clash
A high-stakes lawsuit, likely bound for the U.S. Supreme Court, comes as tensions between President Trump and Fed Governor Lisa Cook reach a fever pitch.
Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Commerce Department released the July PCE inflation report which showed the growth of consumer prices remained elevated as the Federal Reserve considers an interest rate cut.
Federal Reserve Governor Lisa Cook sues Trump
Lisa Cook, a member of the Federal Reserve Board of Governors, is suing President Donald Trump over his attempt to oust her from the U.S. central bank.
Bessent vets potential Powell successors; Trump's shortlist is starting to take shape
President Donald Trump has decided against firing Federal Reserve Chairman Jerome Powell for the time being, but the lineup of possible replacements is becoming increasingly clear.
Trump fired Fed Governor Lisa Cook over alleged mortgage fraud: What did she do?
Federal Reserve Governor Lisa Cook is facing mortgage fraud allegations raised by Trump official Bill Pulte and vowed a legal challenge against President Trump's attempt to fire her.
Federal Reserve governor digs in as Trump moves to fire her: 'I will not resign'
President Donald Trump met with defiance as Federal Reserve governor who he fired fights to keep her job amid the chaos.
Trump removes Federal Reserve Governor Lisa Cook from office, citing fraud allegations
President Trump removed Federal Reserve Governor Lisa Cook in historic first, citing alleged false statements on mortgage documents for two primary residences.
Trump threatens to fire Fed Governor Cook if she doesn't resign
President Donald Trump threatened to fire Federal Reserve Governor Lisa Cook if she doesn't resign amid a DOJ investigation into allegations Cook committed mortgage fraud.
Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut
Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a potential interest rate cut at the Fed's next meeting.
Top economist says two contenders to replace Fed Chair Powell stand out
Allianz advisor Mohamed El-Erian named BlackRock's Rick Rieder and former Fed governor Kevin Warsh as top candidates to replace Jerome Powell as Fed chair.
It’s a buyer’s market and nobody is buying: Where Is Jerome Powell?
American real estate market struggles with high mortgage rates and stalled sales while other countries enjoy sub-4% rates, creating affordability crisis.
Fed minutes show tariff inflation fears outweighed jobs market in July rate decision
Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.