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The Latest Breaking News from Lisa Cook

President's Plan To Reorient Federal Reserve Sparks Controversy

President's potential control over Federal Reserve raises concerns about independence and implications. Experts warn of critical moment for Fed independence.

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Federal Reserve Governor Sues Trump Over Firing Attempt

Federal Reserve Governor Lisa Cook challenges President Trump's attempt to dismiss her, emphasizing the importance of Fed's independence and legal precedent.

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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...

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Federal Reserve Governor Sues Trump Administration Over Firing Attempt

Federal Reserve Governor Lisa Cook challenges Trump administration's attempt to dismiss her, highlighting the importance of Fed's independence and autonomy.

Top News

Dollar Slips on Yuan Strength and Concern Over Fed Independence

The dollar index (DXY00 ) today is down by -0.37%. The dollar is under pressure today from a stronger yuan, which rose to a 9.5-month high against the dollar. The dollar also remains under pressure due to concern over the Fed’s independence and fears about capital flight with President Trump’s...

Barchart

US Fed Governor Lisa Cook Sues Trump Over Move To Fire Her

US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump's move to fire her from her position -- as the president intensified pressure on the independent central bank.

International Business Times

RFK Jr ally chosen to lead CDC as departing officials hit out at vaccine messaging – as it happened

Deputy health secretary Jim O’Neill will become interim CDC director as staffers rally for officials who quit. This blog is now closed.

The Guardian - US

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Fed governor Lisa Cook sues Trump over his ‘illegal attempt’ to fire her

US president spent months waging campaign against Fed’s leaders, which has raised questions over its independence

The Guardian - US

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

Will SCOTUS Let Trump Fire Lisa Cook From the Federal Reserve?

Or will the justices say that Trump fired her for illegal reasons?

Reason

Janet Yellen Warns Of 'Catastrophic' Consequences As Trump Fires Fed's Lisa Cook: 'Higher inflation, Volatile Growth...Weakened Currencies'

Janet Yellen, the former chair of the Federal Reserve, has issued a stark warning about the potential fallout from President Donald Trump’s recent attempt to dismiss Fed Governor Lisa Cook.

Benzinga

Asian shares are mixed after US stocks creep higher ahead of Nvidia earnings report

Asian shares are mixed after modest gains on Wall Street lifted the S&P 500 to another all-time high ahead of computer chip maker Nvidia's highly anticipated earnings report

The Independent UK

Bill Ackman Demands Answers From Fed Governor Lisa Cook: Did She Commit 'Mortgage Fraud Or Not' — 'A Question of Fact,' Not Politics

Billionaire investor Bill Ackman is weighing in on the feud between President Donald Trump and Federal Reserve Governor Lisa Cook, calling on the latter to address allegations of mortgage fraud directly, while warning that the integrity of the American financial system remains at stake.

Benzinga

Stocks Edge Higher With Nvidia, Fed in Focus: Stock Market Today

The AI bellwether reports earnings after today's close, while Wall Street is keeping a cautious eye on President Trump's attacks against the Fed.

Kiplinger

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Barchart

Dollar Erases Early Gains as T-note Yields Fall

The dollar index (DXY00 ) on Wednesday rose by +0.02%. The dollar moved slightly higher on Wednesday due to weakness in the euro after EUR/USD fell to a 3-week low. However, the dollar gave up most of its advance as T-note yields tumbled, with the 10-year T-note yield falling to...

Barchart

Stocks Rebound Ahead of Nvidia’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.04%. September E-mini S&P futures (ESU25 ) are up +0.14%, and September...

Barchart

Dollar Boosted by Higher T-note Yields

The dollar index (DXY00 ) today is up by +0.37%. The dollar is moving higher today due to an increase in T-note yields, which strengthened the dollar's interest rate differentials. Also, weakness in the euro today is supportive of the dollar after EUR/USD fell to a 3-week low. Gains in...

Barchart

Stocks Pressured as Bond Yields Climb and Chip Makers Slide

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.32%. September E-mini S&P futures (ESU25 ) are down -0.03%, and September...

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The Guardian - UK

First Thing: UN demands justice over Israel’s double bombing of Gaza hospital

Human rights office says attack, which killed 20 people, raises questions about the targeting of journalists. Plus, painting looted by Nazis spotted in Argentina

The Independent UK

Federal Reserve Governor Lisa Cook sues Trump after he ‘fired’ her

Trump’s unprecedented move against the central bank's leadership is an effort to ‘undermine the independence of the Federal Reserve’, Cook’s lawyer said

The Independent UK

Asian shares post modest gains after Wall Street nears more records

Shares are moderately higher in Asia after an afternoon push left major indexes on Wall Street just below their recent records

Reason

Did Collins v. Yellen Lead Trump To Fire Lisa Cook?

Bill Pulte, the director of the FHFA, could investigate the Federal Reserve because Trump could fire the holdover Biden appointee.

International Business Times

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.

Benzinga

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

Bitcoin Recovers Amid Trump's Potential Fed Majority; Ethereum, Dogecoin, XRP Also Gain; Analyst Expects ETH To Consolidate In This Range

Leading cryptocurrencies rebounded Tuesday amid increased expectations of a rate cut following Federal Reserve Governor Lisa Cook’s removal and President Donald Trump getting a potential majority on the central bank’s board.

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