Supreme Court seems inclined to keep Lisa Cook on Fed board
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Fed, Trump
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1don MSN
Supreme Court takes up politically charged case with independence of the Federal Reserve at stake
President Donald Trump's unprecedented bid to reshape the Federal Reserve board is putting the Supreme Court in a familiar position, weighing an emergency appeal from the president’s lawyers in a politically charged case.
Federal Reserve Vice Chair Michelle Bowman said the Fed should be prepared to cut interest rates further if the labor market shows additional weakening.
Both President Donald Trump and Federal Reserve Chair Jerome Powell are involved in controversial — and costly — rehabs of government buildings.
9don MSN
Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment
The Federal Reserve chair said the central bank has been threatened with a criminal indictment over his testimony about building renovations.
Trump has narrowed the race down to four potential candidates to replace Federal Reserve Chairman Jerome Powell, including Former Fed Governor Kevin Warsh, National Economic Council Director Kevin Hassett,