Trump considers firing Fed Governor Lisa Cook
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President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.
Readers weigh in on Fed Chair Jerome Powell, private credit, JBS’ labor issues, and the Trump administration’s emerging market behavior.
Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
Federal Reserve Chairman Jerome Powell signals potential interest rate cuts while addressing inflation and employment concerns, as President Trump pressures the central bank.
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Scripps News on MSNFederal Reserve could lower rates as job market loses steam, Powell says
Fed 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.
The research is drawing skepticism. "There's a bazillion other reasons" people don't buy flood insurance, one expert said.
The FTSE 100 and European stocks were higher on Friday as markets turn their attention to the much-anticipated speech by US Federal Reserve chair Jerome Powell. He is set to speak