Tag Archives: Fed

Washington — A federal judge on Friday heard arguments over a bid by Federal Reserve Governor Lisa Cook to remain in her post despite President Trump’s efforts to remove her because of allegations she made false representations on mortgage agreements several years ago. The two-hour-long hearing before U.S. District Judge Jia Cobb marked the first in-person showdown between Justice Department …

Lisa Cook’s fight to prevent her removal from the Federal Reserve started Friday morning in a federal court in Washington, D.C. After more than two hours of oral arguments, the hearing between Cook’s legal team and the Trump administration ended without the judge ruling on a temporary restraining order that could block Cook’s firing. What happens next wasn’t immediately clear. …

Trump Administration Live Updates: Judge Will Hear Lisa Cook’s Suit to Block Her Firing From the Fed  The New York Times Court hearing on Lisa Cook’s bid to block Trump firing of Fed governor begins  CNBC DOJ hammers Lisa Cook for not explaining mortgage document problems as Trump tries to push her out of Fed  Business Insider US judge sets quick schedule in …

Yes, rate cuts will be good for stocks. But here’s why it means the Fed will be stimulating an economy that doesn’t need it.  MarketWatch Sell The ‘Fed Cut’ Rally  Seeking Alpha Exercising Fed Put Could Fuel Stock Market Melt-Up  Investing.com Ed Yardeni questions whether Fed is preparing to fuel an already strong economy  MSN Stocks vs. Fed Chair Powell: Will He Sink the …

Facebook Tweet Email Link London  —  Federal Reserve Chair Jerome Powell’s comments at Jackson Hole Friday hinting at the possibility of an upcoming interest rate cut should have been music to President Donald Trump’s ears. Yet days after Powell delivered one of the most important speeches in the financial calendar, the Fed chair was digesting news of the latest twist …

Scoop: Fed fight revives Senate showdown over Trump nominees  Axios Trump wants to shake up the Fed. Stephen Miran has a playbook.  Politico Trump’s Fed pick Miran to get Senate hearing Sept 4  Reuters Trump Pick Miran Is on Track for Confirmation Before Fed Meeting  Bloomberg.com Determining the “independence” of the Federal Reserve! Next week, the U.S. Congress will face a crucial vote, “This …

Morning Bid: Inflation update tests Fed doves  Reuters Tech Stocks Drop in Risk-Off Trade Ahead of PCE: Markets Wrap  Bloomberg.com World shares are mostly lower ahead of a US inflation update  AP News Asia stocks mixed after Wall St hits new highs  Yahoo Finance Precast Concrete Expert Scott Stavig Shares Insights on the Growth of the Rogue Valley in HelloNation  Morningstar Source link

What is known about Lisa Cook’s mortgages at center of Fed standoff with Trump  The Detroit News Trump’s Fed Feud Spotlights Mortgage Data Privacy: Is Your Information Public?  The New York Times What is mortgage fraud? And how often does it happen?  The Washington Post Fed Governor Cook’s mortgages: What’s known and what’s not  Reuters Trump has accused Fed Governor Lisa Cook of mortgage …

Donald Trump Federal agencies Investing Personal finance See all topics Facebook Tweet Email Link A Trump administration housing official has sent a new criminal referral to the Justice Department against Federal Reserve Governor Lisa Cook, as she sues the administration to fight the president’s efforts to fire her. The new criminal referral, made late Thursday and revealed in a social …

Donald Trump Trump legal cases Federal agencies Investing See all topics Facebook Tweet Email Link Washington  —  Federal Reserve Governor Lisa Cook is suing to keep her job on the board, which helps set interest rates, after President Donald Trump said he was removing her from her role earlier this week. Cook’s lawsuit, filed Thursday morning in federal court in …