Business And Markets News

Federal judge weighs emergency bid to block firing of Fed governor Lisa Cook ahead of Sept. interest-rate meeting

A Washington federal judge heard more than two hours of argument Friday on whether to temporarily bar President Donald Trump from removing Federal Reserve Governor Lisa Cook, a dispute that could test long-standing limits on presidential…

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Trump orders removal of Federal Reserve governor Lisa Cook, prompting legal fight and warnings about threat to Fed independence

Business & Markets • 2 months ago

President Donald Trump has directed the ouster of Fed Governor Lisa Cook, citing allegations of mortgage fraud that her lawyers say are a pretext; economists and legal scholars warn the move could erode the central bank’s independence an…

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