A court hearing on Federal Reserve Board Governor Lisa Cook‘s request that President Donald Trump be temporarily barred from firing her while her lawsuit against the president plays out ended Friday without a judge issuing a ruling. Cook’s lawyer, Abbe Lowell, at that hearing blasted the Department of Justice’s argument that Trump had legal cause…
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook on Thursday sued President Donald Trump to block his unprecedented attempt to fire her, setting off a legal battle that…
President Donald Trump on Monday said he had fired Federal Reserve Board Governor Lisa Cook, an unprecedented and dramatic escalation of his attacks on the U.S. central bank’s independence over its refusal to cut interest rates. Trump, in a termination letter to Cook posted on Truth Social, cited allegations by Federal Housing Finance Agency Director Bill Pulte…
US President Donald Trump has said he will immediately remove Federal Reserve official Lisa Cook from her position, a major escalation in his battle against the US central bank. He said there was “sufficient reason” to believe Cook had made false statements on mortgage agreements, and cited constitutional powers which he said allowed him to…
Democratic Rep. Mikie Sherrill and Republican Jack Ciattarelli have won their parties’ primaries for governor in New Jersey, NBC News projects, setting up one of the most closely watched races of the year. New Jersey is one of two states with a governor’s race this year, and the contest will be one early sign of…
