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Why has Trump fired Federal Reserve’s Lisa Cook? Is the ousting allowed by law?
In an unprecedented move, US President Donald Trump has immediately removed Federal Reserve official Lisa Cook from her position, citing allegations of mortgage fraud. The ouster raises legal questions — can the American president actually fire an official of the US central bank?
Stay updated with the latest news on the U.S. Federal Reserve. Get comprehensive coverage and analysis of the Fed's monetary ...
Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...
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Trump declares war on the Fed, setting up a titanic struggle for world’s most important central bank
President Trump purported to fire me ‘for cause’ when no cause exists under the law, and he has no authority to do so,” Cook ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...
The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...
Fed governors typically step down before their terms expire, but they may stay on until a president from their political ...
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
President Donald Trump resumed attacks on Federal Reserve Chair Jerome Powell, this time claiming he is hurting the housing ...
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