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USA: Lisa Cook challenges Trump's attempt, citing lack of cause
New ReviewFederal Reserve Governor Lisa Cook has filed a groundbreaking lawsuit against President Trump, asserting he violated federal law by attempting to fire her without due process.
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Legal Battle Over FED Governor's Removal | WION
New ReviewA high-stakes legal battle is brewing in Washington, one that could reshape the independence of the US Federal reserve. Fed governor Lisa Cook has taken president Donald Trump to court, challenging his attempt to remove her from the...
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Court weighs legality of Trump’s move to remove Federal Reserve governor
New ReviewA judge heard arguments on Trump’s unprecedented bid to fire Fed Governor Lisa Cook, a case that could set limits on presidential power over the central bank. (Scripps News)
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BREAKING: Lisa Cook files lawsuit against Trump's bid to bid her
New ReviewBREAKING: Lisa Cook files lawsuit against Trump's bid to bid her
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White House economist says tariff revenues have started to support social programs like Medicare
New ReviewKevin Hassett, Director of the White House's National Economic Council, told Scripps News Tuesday hundreds of billions of dollars in tariff revenues are supplementing public programs like Medicare. (Scripps News)
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Fed Governor Lisa Cook plans to sue over Trump's effort to oust her, lawyer says
New ReviewThe lawyer for Federal Reserve Governor Lisa Cook says he will be filing a lawsuit to challenge Pres. Trump's attempted removal of her from the central bank. (Scripps News)
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Federal Reserve could lower rates as job market loses steam, Powell says
New ReviewFed Chair Jerome Powell says a slowing job market may prompt the Fed to cut interest rates, though inflation risks remain above the central bank’s 2% target. (Scripps News)
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Trump calls on Fed governor Lisa Cook to resign
New ReviewUS President Donald Trump has upped his campaign on the federal reserve. The latest is trump's call for fed governor Lisa cook to resign on mortgage fraud allegations. Trump's latest attack comes days ahead of fed boss Jerome Powell's...
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Kugler resigns, Trump eyes FED pick
President Donald Trump is escalating pressure on the federal reserve. In a new post on truth social, the president called on FED chair Jerome Powell to resign, just hours after another key fed official, governor Adriana Kugler, announced...
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Trump blasts jobs report, calls for firing of Biden-appointed labor official
The stock market fell Friday following the release of the jobs report and President Trump's latest announcement on tariffs. (Scripps News)
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Trade deadline just hours away with major deals still outstanding
With the clock ticking on President Trump's trade deadline, the potential legal ramifications of his tariff policies are under scrutiny as some nations scramble to finalize trade agreements. (Scripps News)
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Consumer spending rises in June as inflation remains stubborn
The Federal Reserve’s preferred inflation gauge ticked higher last month in a sign that President Donald Trump’s broad-based tariffs are starting to lift prices for many goods. (Scripps News)
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Federal Reserve keeps interest rates steady despite Trump’s calls for cuts
The Federal Reserve held interest rates steady despite President Trump's calls for cuts, citing inflation concerns linked to impending tariffs. (Scripps News)
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Federal Reserve expected to keep interest rates steady amid Trump’s calls for cuts
The Federal Reserve is expected to hold interest rates steady despite President Trump's calls for cuts, citing inflation concerns linked to impending tariffs.
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President Trump announces new tariffs on India
President Trump’s new tariff on Indian goods highlights escalating trade tensions, compounded by India's ties to Russia amidst its ongoing war in Ukraine. (Scripps News)
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Federal Reserve in spotlight amid Trump attacks
Jerome Powell's announcement regarding interest rates will highlight the Federal Reserve's influence on current and future economic conditions. (Scripps News)
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Fed chair Jerome Powell calls out Donald Trump | About That
Andrew Chang explains what's behind a tense exchange between U.S. President Donald Trump and Federal Reserve chair Jerome Powell. Images provided by Getty Images, The Canadian Press and Reuters.
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Trump visits Federal Reserve with Jerome Powell
President Donald Trump visited the Federal Reserve on Thursday, a trip that was closely watched amid ongoing tensions between the White House and Fed leadership. (Scripps News)
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Trump to visit Federal Reserve amid criticism of Powell, renovation costs
There is legal debate over whether the president has the authority to remove the Fed chair solely over disagreements on monetary policy. (Scripps News)
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Americans feeling slightly better about economy, new survey shows
Consumer sentiment about the U.S. economy is showing modest improvement, according to new preliminary data released Friday from the University of Michigan.
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Stocks Close Lower After Mnuchin Says Reaching Stimulus Deal Before Election 'Difficult'
Stocks closed lower Wednesday after Treasury Secretary Mnuchin says reaching a stimulus deal before the upcoming election would be 'difficult.' John Petrides, portfolio manager for Tocqueville Asset Management, breaks down the day's...
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Need 2 Know: Biden’s Big Night, Tornado Toll Rise
These are the headlines you Need 2 Know for Wednesday, March 4, 2020.
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Can the economy recover from coronavirus?
As coronavirus spreads in the U.S., its economy is likely to face its worst crisis since the Great Depression.
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Stephen Moore Looks to Join Trump Reelection Campaign After Withdrawal From Fed
After withdrawing his nomination to the Federal Reserve Board amid growing controversy over past comments degrading women, Stephen Moore says he hopes to work on reelecting President Trump in 2020 as part of his campaign.