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The president’s intention to fire Fed governor Lisa Cook could give him sway over the central bank’s rate-setting power.
Global stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including an unusual move to fire a central bank official and threats to impose new ...
Shares of the electric vehicle maker were down early Tuesday, falling after two very strong days on Friday and Monday.
Editor’s note: On August 25th Donald Trump said that he had sacked Lisa Cook from the Federal Reserve’s board, alleging “deceitful and possibly criminal conduct in a financial matter”. Ms Cook said ...
President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...
President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself ...
Trump’s attempt to fire Cook is based on allegations of improper mortgage borrowing. The legality of this move is unclear, ...
The president posted a letter Monday firing the central bank governor, citing mortgage fraud allegations. Lisa Cook said she ...
Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...
President Donald Trump has fired Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...
The dollar has limited scope to recover given the challenges facing the Federal Reserve, Commerzbank's Antje Praefcke said in ...
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