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Trump fires Fed Reserve gov, Lisa Cook

Time on MSN · 1h

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 move is politically motivated.

Reuters on MSN · 1h

Trump says he is firing Fed's Cook over mortgage loan allegations

By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said he was firing Federal Reserve Governor Lisa Cook over alleged improprieties in obtaining mortgage loans,

U.S. News & World Report · 6h

Factbox-What's Known About the Legal Premise for Trump's Effort to Fire Fed's Cook

(Reuters) -U.S. President Donald Trump on Monday took the unprecedented step of ordering Governor Lisa Cook removed from the Federal Reserve Board of Governors, saying questions about the mortgages on properties she owns that are the subject of a criminal probe by his administration are sufficient cause for dismissal.

Fed, Powell

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… · 22h

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,

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.

7hon MSN

Trump declares war on the Fed, setting up a titanic struggle for world’s most important central bank

President Donald Trump escalated his ongoing fight against the Federal Reserve with an unprecedented move to fire Fed ...

1hon 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 ...

39m

Trump Cranks Up Power Struggle Over Fed with Plan to Fire Official

Donald Trump dramatically escalated his fight for control over the Federal Reserve by moving to oust one of its governors. In ...

4h

Fed Cuts May Not Spark a Buying Boom—but It Could Spur More Owners To Dip Into HELOCs

Mortgage rates may stay too high for a sales surge, but Fed cuts could make HELOCs cheaper—unleashing trillions in equity for ...

38mon 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 ...

1h

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 ...

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