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Trump fires Fed Governor Lisa Cook

Associated Press News on MSN · 4h

Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

President Donald Trump has fired Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

TIME on MSN · 4h

Who Is Lisa Cook and Why Is Trump Trying to Fire Her From the Fed?

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the move is politically motivated.

USA TODAY on MSN · 50s

Trump fires Federal Reserve Governor Lisa Cook. What's next.

Federal Reserve governor Lisa Cook, an unprecedented move that brings the president one step closer to shaping the balance of the Fed's seven-member board in his favor. In a letter shared on Truth Social,

Fed, Jerome Powell and Jackson Hole

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.

CBS News on MSN · 2d

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark interest rate.

Associated Press News on MSN · 1d

Fed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.

interest rate, Jerome Powell and Federal Reserve

Reuters on MSN · 6h

Morgan Stanley joins global peers with September Fed rate cut outlook as Powell shifts tone

Morgan Stanley has joined a growing bloc of global brokerages forecasting a September interest rate cut by the U.S. Federal Reserve, citing Chair Jerome Powell's shift in tone toward labor market risks at the Jackson Hole symposium.

MarketWatch · 1d

U.S. stock futures point to a pause after powerful Powell-fueled rally

U.S. stock futures were trading lower following a powerful rally on Friday after comments by Federal Reserve Chairman Jerome Powell fueled hopes for a September interest rate cut. Dow Jones Industrial Average futures fell 80 points,

Fed Rate Cut in September Will Still Depend on Upcoming Data

An interest-rate cut by the Federal Reserve in September is likely but not certain after the central bank's chair Jerome Powell cleared a path to a reduction in a speech on Friday, Barclays economists said in a note.

3h

AMERICAS Nerves jangled by Fed 'firing'

Trump’s attempt to fire Cook is based on allegations of improper mortgage borrowing. The legality of this move is unclear, ...

1d

Fed Chair Jerome Powell is worried about the job market. Here are 3 red flags for workers.

Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's ...

5hon MSN

Trump just took extraordinary action against the Fed. He may not go all the way

President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself shows the president has conceded there’s a limit to his attacks on the ...

Barchart on MSN13h

Fed’s Jerome Powell Warns of Substantial ‘Uncertainty’ From ‘Significantly Higher Tariffs’ and ‘Abrupt Slowdown in Labor Force Growth’

At the central bank conference in Jackson Hole on Friday, Federal Reserve Chair Jerome Powell warned that a new set of policy ...

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