Tag: Federal Reserve

Federal Reserve Shock: Trump Moves to Oust Governor Lisa Cook Amid Mortgage Fraud Claims

By: Darius Kingsley Aug, 26 2025 0 Comments

President Donald Trump moved to fire Federal Reserve Governor Lisa Cook over alleged mortgage fraud, claiming “sufficient cause.” Cook says the president lacks authority and will fight the order. Democrats called it an attack on the Fed’s independence, while the legal path remains unclear. If successful, Trump could further reshape the Fed’s seven-member board.

Federal Reserve Shock: Trump Fires Governor Lisa Cook, Testing the Law and the Bank’s Independence

By: Darius Kingsley Aug, 26 2025 0 Comments

President Trump moved to fire Fed Governor Lisa Cook, citing mortgage fraud allegations and claiming legal cause. Cook denies wrongdoing and is challenging the move in court. Democrats called it an attack on Fed independence. If it stands, Trump could gain a voting majority on the Board of Governors. The clash sets up a high-stakes legal fight over presidential power and central bank autonomy.

Dow Rebounds After Tumultuous Morning as Weak Jobs Data and Tariff Fears Jolt Wall Street

By: Darius Kingsley Aug, 5 2025 0 Comments

U.S. stocks swung wildly following a dismal jobs report, with renewed worries over recession fueled by weak hiring numbers and rising trade tensions. The Dow recovered sharply after early losses, while President Trump blamed economic officials and pressured the Fed to cut rates. Investors are now watching upcoming earnings reports and the Fed’s next move.

Tag: Federal Reserve

Federal Reserve Shock: Trump Moves to Oust Governor Lisa Cook Amid Mortgage Fraud Claims

Federal Reserve Shock: Trump Fires Governor Lisa Cook, Testing the Law and the Bank’s Independence

Dow Rebounds After Tumultuous Morning as Weak Jobs Data and Tariff Fears Jolt Wall Street

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Dow Rebounds After Tumultuous Morning as Weak Jobs Data and Tariff Fears Jolt Wall Street

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