Lawyers for the former officials wrote that immediately ousting Cook “would expose the Federal Reserve to political ...
President Donald Trump has been attempting to assert more control over the historically independent central bank.
The court agreed to take up Cook's challenge to her firing from the independent Federal Reserve Board and will hear arguments ...
The president has already called Jerome Powell, chairman of the Federal Reserve, "stupid", "imbecile" and "idiot"- and called for his resignation. The Federal Reserve is responsible for supervising ...
A who's-who list of former Federal Reserve and White House officials urged the Supreme Court to preserve the independence of ...
Scott Bessent said he would present President Donald Trump with a list of candidates to serve as the next chair of the ...
A Supreme Court shift could grant Trump sweeping power to oust regulators who have long been shielded from political control.
Jobs are stagnating, prices are skyrocketing, and many states are already in recession. But the president and his ...
The appeals court ruling does not settle the key issue of whether President Trump can remove Lisa Cook for what he considers just cause.
State agencies ordered to find 4% in cuts for reserves to mitigate the effects of uncertainty over President Donald Trump’s ...