President Donald Trump said Monday that he was taking the extraordinary step of removing Lisa Cook from the board of governors of the Federal Reserve, in a legally dubious maneuver that could ...

President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook as he continues to feud with her boss over lowering interest rates. The legality of Cooks' firing was unclear, and has ...

Polymarket sees Powell finishing 2025 unscathed, even as Trump’s bid to oust Lisa Cook tests the Fed’s legal shield.

Trump said in a letter posted on his Truth Social platform that he is removing Cook because of allegations that she committed ...

Stay updated with the latest news on the U.S. Federal Reserve. Get comprehensive coverage and analysis of the Fed's monetary ...

Treasury yields and the U.S. dollar (DXY) fell on Tuesday after President Donald Trump removed Federal Reserve Governor Lisa ...

President Donald Trump posted a letter to Truth Social that said he removed a key official at the Federal Reserve, Governor ...

President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented ...

Ms. Cook said that she would not resign from the board of governors, hours after President Trump announced he was firing her.

In the short term, the removal of Cook, a Joe Biden-appointed Fed governor who has leaned toward voting with the FOMC majority, raises the likelihood of a Fed rate cut in September. That is "a ...

Bitcoin fell below $110,000 as traders brace for U.S. economic data and political turmoil that could shape the Fed’s policy ...

Cook found herself in the crosshairs of the Trump administration this week after FHFA Director Bill Pulte sent a letter to the DOJ.