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Trump to Fed Governor Lisa Cook

Trump says he has fired Fed governor Lisa Cook. She says he has no ‘authority’ to fire her

President Donald Trump on Monday said he has fired Federal Reserve Governor Lisa Cook, according to a letter addressed to her posted on his social media — the first instance of a president firing a central bank governor in the central bank’s 111-year history.

Bloomberg on MSN · 1h

Trump Moves to Fire Fed’s Cook, Setting Up Historic Legal Fight

Donald Trump moved to oust Federal Reserve Governor Lisa Cook following allegations that she falsified mortgage documents, a dramatic escalation in the president’s battle to exert more control over the US central bank.

USA TODAY on MSN · 52m

US stock futures lower after Trump fires Fed Governor Lisa Cook

President Donald Trump fired Federal Reserve Governor Lisa Cook, saying she submitted fraudulent mortgage applications.

Fed, Powell

SFGate · 16h

Fed Chair Jerome Powell Signals September Rate Cut in Jackson Hole Speech, Saying 'Balance of Risks' Is Shifting From Inflation to Layoffs

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole, WY.

The Associated Press - Busines… · 23h

World shares are mixed after Fed chair Powell hints at rate cuts

World shares were mixed on Monday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way. European markets opened lower, with Germany's DAX down 0.2% at 24,305.67,

Reuters · 1d

Major brokerages pivot to Sept Fed rate cut on Powell's labor warning

Major brokerages, including Barclays, BNP Paribas and Deutsche Bank, now expect a 25-basis-point U.S. Federal Reserve rate cut in September following Chair Jerome Powell's shift in tone at Jackson Hole toward rising risks in the labor market.

AMERICAS Nerves jangled by Fed 'firing'

Trump’s attempt to fire Cook is based on allegations of improper mortgage borrowing. The legality of this move is unclear, ...

1hon MSN

Trump has bought $100 million in bonds since taking office. His portfolio is poised to get a boost if the Fed cuts rates.

Trump has repeatedly pressured the Fed to cut rates, something that could boost bond portfolios, including his own.

3hon MSN

Who Is Lisa Cook and Why Is Trump Trying to Fire Her From the Fed?

President Trump announced he’s removing the Biden-appointed Fed Governor over alleged mortgage fraud, though critics say the ...

2hon MSN

Trump's latest Fed jab breeds more dismay than drama

Global investors were shell-shocked on Tuesday after U.S. President Donald Trump struck another blow at the Federal Reserve's ...

Stock Market Today: Dow, S&P 500 and Nasdaq eye lower open after Trump tries to fire Fed official Cook; 10-year Treasury yields rise and dollar pares losses.

Follow all the latest U.S. market action for Tuesday here as investors assess the implications of Donald Trump's continued ...

‘Unprecedented’: Donald Trump moves on the Federal Reserve

Donald Trump has throughout his presidential career fought the Federal Reserve and its chair Jay Powell with public bluster ...

2hon MSN

Longer-dated US Treasuries, shares tumble as Trump's Fed battle heats up

Long-dated U.S. Treasuries and stock futures fell on Tuesday after President Donald Trump said he was firing a Federal ...

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