Federal Reserve - Page 2

Jimmy Kimmel might have hastened his exit by spreading falsehoods about Charlie Kirk’s assassin, but he was marching toward the end long before this week.

Administration argues courts shouldn’t second-guess presidential judgment when Congress gives broad removal power

The lender in two home loans made to Treasury Scott Bessent in 2007 knew they were not his primary residences.

Central bank reduces benchmark rate by a quarter percentage point in first cut of 2025, as officials navigate extraordinary political pressures and economic uncertainty.

Senate Banking Committee Chairman Tim Scott (R-SC) on Monday told Breitbart News that confirming White House Council of Economic Advisers (CEA) Chairman Stephen Miran to the Federal Reserve Board will help guide the country to “stronger domestic production” and lower trade imbalances.

A divided federal appeals court on Monday refused to let President Donald J. Trump immediately oust Federal Reserve Governor Lisa D. Cook, but a forceful dissent warned that the decision misapplied both constitutional law and common sense.

Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.

The committee voted 13-11 along party lines to advance Miran’s nomination to the full Senate, where it is expected to come up for a vote on Monday. 

President Donald Trump on Wednesday appealed a federal judge’s order that prevented him from firing Federal Reserve Governor Lisa Cook, escalating a legal fight over the president’s power to reshape the central bank. The appeal, filed in the U.S. Court

A federal judge on Tuesday blocked President Donald Trump from removing Lisa Cook from the Board of Governors of the Federal Reserve, ruling that his attempt to oust her over unproven mortgage-fraud allegations likely violated federal law and her constitutional

Prices paid to U.S. businesses unexpectedly fell in August, putting pressure on the Federal Reserve to cut interest rates and undercutting claims that the Trump administration’s tariffs would cause inflation to pick up.

For two years in a row, the cheerleaders of Bidenomics assured us that any discontent was in our heads—a trick of bad vibes and social media. It turns out the voters were right, and the official statistics were wrong.

Sunday on Fox News Channel’s “Life, Liberty & Levin,” host Mark Levin deemed the Federal Reserve Board “unconstitutional.”

Stephen Miran, President Trump’s nominee for an open Federal Reserve position, appeared to reassure Republican lawmakers about his commitment to central bank independence Thursday, weathering a barrage of attacks from Democratic senators during his confirmation hearing. Miran, who serves as

The Justice Department issued subpoenas and opened a criminal inquiry into allegations that fired Federal Reserve governor Lisa Cook has committed mortgage fraud, according to a Thursday report.

Federal Reserve governor Lisa Cook’s lawyer said that she “did not ever commit mortgage fraud,” in a court filing on Tuesday.

Nolte: Keeping track of the “primary residences” of Lisa Cook is even more complicated than keeping track of all the estates owned by socialist Sen. Bernie Sanders.

Roughly 600 economists, including former Biden and Obama staffers, signed an open letter pushing back on President Donald Trump’s move to fire Federal Reserve governor Lisa Cook as the Trump administration shared a video about her mortgage fraud.

On Friday, on MSNBC’s “The Weeknight,” Rep. Debbie Wasserman Schultz (D-FL) said that President Donald Trump would “tank the dollar” if he eliminates the independence of the Federal Reserve.

This week saw a series of unprecedented events that may signal the end of the form of central bank independence as we have known it for more than a century.

Inflation held steady in July, with the Federal Reserve’s preferred price gauge showing a slight deceleration in cost pressures and defying predictions from Fed Chairman Jerome Powell that tariffs would push up consumer prices.

Lisa Cook, who was confirmed as a Governor of the Federal Reserve in 2022, wants a federal judge to do something no court has attempted in the Fed’s 112-year history: define what “for cause” means when a president tries to fire a Fed governor.

Lisa Cook sued President Trump on Thursday, challenging his attempt to fire her from her seat on the Federal Reserve’s board of governors, in a legal battle that could reshape the relationship between the White House and the nation’s central

On Wednesday’s broadcast of CNBC’s “Squawk on the Street,” Sen. Elizabeth Warren (D-MA) responded to a question on whether Federal Reserve Gov. Lisa Cook should step down if she is found guilty of mortgage fraud by saying that the allegations

Measured against the history, the text, and the institutional logic, the legal ground in the Lisa Cook dispute tilts toward presidential discretion, not judicial oversight of central bank staffing.

The Federal Reserve issued its first response Wednesday to President Trump’s attempt to remove Gov. Lisa Cook, stopping short of backing her planned court challenge or directly criticizing the president’s action.

When President Donald J. Trump moved to fire Federal Reserve governor Lisa D. Cook this week, he touched off an immediate debate about what the law means when it says a Fed governor can be removed only “for cause.” Supporters

Federal Reserve Governor Lisa Cook’s attempt to overturn her removal faces long odds.

President Donald Trump fired Federal Reserve Gov. Lisa Cook on Monday over allegations of mortgage fraud.

President Donald Trump on Friday said he will fire Federal Reserve Governor Lisa Cook if she does not resign after she was accused of mortgage fraud. 

Fed chairman Jerome Powell signaled on Friday that the central bank could be ready to cut interest rates as soon as next month.

America’s factories are humming, demand is solid, and prices are rising alongside precautionary inventories. The Fed’s theory inflation “lag theory” doesn’t explain this.

Federal Reserve Governor Lisa Cook on Wednesday said she will not be bullied into resigning from the board of the nation’s central bank over allegations of mortgage fraud.

By the time Federal Reserve Chairman Jerome Powell climbs the stage at Jackson Hole this Friday, the familiar choreography will be missing one element: consensus.