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The Latest Breaking News from Jerome Powell

Federal Reserve Governor Lisa Cook sues Trump for his attempt to fire her

The lawsuit comes amid concerns that the US president is trying to sway central bank’s decisions on monetary policy.

Al Jazeera

Federal Reserve Governor Files Lawsuit Against Trump Administration

Federal Reserve Governor Lisa Cook challenges her dismissal by President Trump in court, raising concerns about the independence of the Federal Reserve and...

Top News

Bitcoin And Ethereum's Liquidity-Driven Highs Expose Fragility At All-Time Peaks: Report

Bitcoin (CRYPTO: BTC) and Ethereum's (CRYPTO: ETH) surge highlights how tightly crypto markets have become bound to global liquidity cycles, with central bank signals now moving prices as sharply as on-chain developments.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Boost for Trump as US growth revised higher in Q2

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

Euronews

Cook files suit against Trump to keep Fed board seat - Roll Call

Federal Reserve Governor Lisa Cook filed suit Thursday against President Donald Trump to stop him from firing her from the Fed board.

Roll Call

I've Got $50,000 Burning A Hole in My Pocket. Where Do I Park It Amid Rate Cuts So I Don't Lose Ground?

Why a mix of CDs can protect $50,000 from shrinking yields.

Kiplinger

Asian Markets Diverge With Eyes On Nvidia Earnings

Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI giant Nvidia.

International Business Times

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Trump's Attempt To Fire Lisa Cook Lacks Factual Or Legal Basis, Says Fed Governor's Lawyer: 'We Will Be Filing A Lawsuit…'

Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.

Benzinga

Up 140% in 2025, This Dividend Stock Is Still a Buy as Trump Takes on the Fed

Anglogold Ashanti stock is up 140% in 2025 and has a generous dividend policy. The stock looks set to rise further this year amid the bullish outlook for gold.

Barchart

Trump Escalates Fed Fight: Fires Governor, Eyes Full Overhaul

President Donald Trump doesn't just want to lower interest rates—he wants to rebuild the Federal Reserve from the ground up. And this week, he made another big move.

Benzinga

‘This is just sort of embarrassing’: Donald Trump’s bizarre claim about an imaginary conversation with Wes Moore has video proof to disprove it

Donald Trump has recently focused his attention on Maryland Governor Wes Moore, making a series of unusual statements about the Democrat. Trump initially made an unprompted public statement that he did not consider the governor to be “presidential timber.” Following this, the former president responded to Moore’s public criticisms by…

We Got This Covered

Trump’s latest claim about a Democratic governor reveals a disturbing new pattern

Trump's making up conversations with governors now...

We Got This Covered

‘Zero self awareness’: Newsom trolls Trump deputy’s description of ‘crooks’ in government over Lisa Cook ouster

Trump’s ‘firing’ of Fed board governor scares Wall Street and sets up another protracted court battle

The Independent UK

Who Is Lisa Cook, The Fed Governor Trump Seeks To Fire?

Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President Donald Trump's latest target as he ramped up pressure on the central bank.

International Business Times

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The Guardian - US

Trump is out to end the Fed’s autonomy. Here’s how he’s trying to get his way

A condo is at the heart of extraordinary battle over the future of the Federal Reserve – and its independence

The Conversation

Trump’s push to fire Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)

The fate of Lisa Cook, who is fighting attempts by President Donald Trump to remove her from the Federal Reserve’s Board of Governors, has huge implications for a keystone of good economic policy: central bank independence.

Benzinga

Opendoor (OPEN) Stock Surge Continues As Rate Cut Hopes Fuel Real Estate Rally

Shares of Opendoor Technologies Inc (NASDAQ:OPEN) shares are surging again Tuesday, contributing to a 48% gain over the past five trading sessions. The move higher comes amidst a broader rally in the real estate sector, fueled by optimistic signals from the Federal Reserve.

Evening Standard

Stocks dip amid Trump’s Fed move and French worry

The FTSE 100 index closed down 55.60 points, 0.6%, at 9,265.80.

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Roll Call

House panel says it will examine allegations against Fed's Cook - Roll Call

President Trump's firing of a Fed governor comes amid wider scrutiny of the central bank, including by a House Financial Services task force.

Barchart

Fed’s Jerome Powell Just Painted a Grim Picture of the U.S. Economy After GDP ‘Slowed Notably’ and Job Growth Stalls: Here’s Why It’s Bullish

Federal Reserve Chair Jerome Powell used his annual Jackson Hole keynote speech to paint a picture of an economy facing policy-driven headwinds and rising uncertainty.

The Independent UK

Who is Lisa Cook and can Trump actually fire the Fed governor he accuses of mortgage fraud?

President Trump has demanded the removal of the Biden appointee in what would mark an unprecedented move against the central bank's leadership

Kiplinger

Can President Trump Fire Fed Governor Lisa Cook?

Markets hate uncertainty, especially when it comes to monetary policy and interest rates, and questions about the Fed are compounding.

International Business Times

Fed Governor Cook Says Trump Has No Authority To Fire Her

Federal Reserve Governor Lisa Cook rejected US President Donald Trump's unprecedented bid to oust her on Tuesday, saying he had no legal authority for such an intervention against a member of the independent US central bank.

Benzinga

Trump's Firing Of Lisa Cook Could Hand Him A Rare FOMC Majority That Could Block 'Regional Fed Presidents From Being Reappointed,' Says Craig Shapiro

President Donald Trump‘s firing of Federal Reserve Governor Lisa Cook on Monday could trigger a significant power shift within the central bank, potentially creating a Trump-appointed majority on its board and raising concerns over the future of regional Fed presidents, explained the macro strategist at the Bear Traps Report, Craig…

Fortune

Trump’s threat to fire another Fed member has Wall Street weighing the price of ‘wrecking institutions’ with ‘scapegoat economics’

While UBS’s Paul Donovan told clients the attempt was “completely unprecedented,” Wharton’s Jeremy Siegel argued her ousting adds “noise but little substance” compared with the Fed’s longer-term policy pivots.

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