Fed Governor Lisa Cook protected
Digest more
A federal judge on Tuesday granted a temporary restraining order blocking President Donald Trump’s firing of Federal Reserve governor Lisa Cook for now. The ruling means Cook will remain on the board of the central bank until her case is heard at length. She is allowed to continue carrying out her work during that time.
After a weak jobs report, the producer and consumer price indices for August could be the next worry for the markets and the Fed.
Mystery of former Federal Reserve Governor Kugler's resignation deepens as real estate records raise new questions Former Federal Reserve Governor Adriana Kugler resigned abruptly last month, and she has declined to say why she quit the board with just a few months to go before her term ended.
Goldman Sachs analysts project gold could surge to $5,000 an ounce if Federal Reserve independence erodes, triggering a flight from bonds and stocks.
Markets almost fully price in a 0.25 percentage-point rate cut at the Federal Reserve's September 16–17 meeting, though
While Trump has taken to name-calling and high-pressure moves such as public call-outs and televised meetings with Fed Chair Jerome Powell, Bessent took a more measured approach.
1don MSN
Billionaire GOP megadonor Ken Griffin warns Trump's Federal Reserve strategy 'carries steep costs'
Despite increasing criticism of President Trump's attacks on the Fed and Jerome Powell, the White House says it's an "objective fact" that rates need to be cut for more economic growth.
A federal appeals court on Wednesday blocked the Trump administration from replacing the US’ top copyright official as the fight over executive branch firings and President Donald Trump’s use of executive power continues.