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The Latest Breaking News from Lisa Cook

Trump Calls On Attorney General Pam Bondi To Act Swiftly Against Political Foes, Criticizes Justice Department For 'All Talk, No Action'

President Donald Trump publicly urged Attorney General Pam Bondi to pursue criminal charges against several political figures, expressing frustration with what he called delays in the Justice Department's investigations.

Benzinga

Powell showed he's still 'firmly in control' after White House adviser Miran's first FOMC meeting, former Fed official says

"Their actions demonstrate integrity, commitment to the Fed’s mission and the importance of sustaining the central bank’s independence."

Fortune

US Attorney Erik Siebert Resigns After Refusing Trump Pressure To Pursue Criminal Case Against NY AG Letitia James: Report

On Friday, U.S. Attorney Erik Siebert resigned after reportedly refusing pressure from the Donald Trump administration to pursue a criminal case against New York Attorney General Letitia James despite investigators finding no evidence of fraud.

Benzinga

From analysis to the latest developments in health,
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Lost in humiliation of $354M penalty, Donald Trump is hellbent on revenge

No evidence of fraud? Charge her anyway or you're fired.

We Got This Covered

The U.N. Pullout

Plus: Eric Adams pursues trans bathroom policy change, SCOTUS to rule on Lisa Cook firing, and more...

Reason

Attorney investigating Trump critics resigns after pressure from officials – as it happened

Trump said ‘I want him out’ about Erik Siebert, who was investigating New York attorney general Letitia James and former FBI director James Comey. This blog is now closed.

The Guardian - US

Trump news at a glance: president threatens other TV networks amid Jimmy Kimmel fallout

Donald Trump suggests networks that carry critical coverage should lose licenses, amid calls for boycott of ABC owner Disney – key US politics stories from 18 September 2025

The Guardian - US

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‘This is the President’s unreviewable discretion’: Trump begs Supreme Court to fire Federal Reserve Governor Lisa Cook

Why does the president ask for this so often?

We Got This Covered

Supreme Court to hear Trump tariff case Nov. 5, as Cook appeal looms

A federal appellate court last month struck down many of the tariffs imposed by President Trump.

Axios

Trump administration asks supreme court to allow firing of Fed’s Lisa Cook

Request sets stage for historic test of presidential power as Trump pursues greater control of the Federal Reserve

The Guardian - US

Trump's 'Firing' of Lisa Cook Is Headed for SCOTUS

Plus: Pam Bondi flunks free speech 101.

Reason

The Federal Reserve’s independence is about to be tested like never before

Donald Trump wants drastic rate cuts – and his campaign to exert greater political control over the Fed continues

The Guardian - US

Federal Reserve cuts key interest rate for the first time this year

Fed officials, in a set of projections also released on Wednesday, signalled that they expect to reduce their key rate twice more this year, but just once in 2026.

Euronews

Federal Reserve cuts US interest rates for first time since December

Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald Trump

The Guardian - US

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Al Jazeera

US Federal Reserve cuts interest rates for the first time since December

The central bank’s widely-expected 0.25% cut comes amid a cooling labour market, which has stalled economic growth.

The Independent UK

Jerome Powell finally does it: Federal Reserve cuts interest rates a quarter of a percent

The rate cut comes as Trump stages an unprecedented assault on independence of the Federal Reserve

The Guardian - US

Federal Reserve cuts interest rates by a quarter point, for first time in nearly a year – as it happened

Rates now stand at a range of 4% to 4.25% as reduction comes amid concern of political pressure on independent central bank from Trump

Benzinga

Changes In Bond Yields After Trump Targeted Lisa Cook Suggest Inflation Would Be Lower If He Took Over The Fed

Is it possible that inflation would actually be lower if President Donald Trump took over the Federal Reserve? While some critics believe a potential Trump takeover of the Fed would result in higher inflation and higher interest rates, not everyone is convinced.

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news in one place.

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The Guardian - US

Democrats to introduce a No Political Enemies (Nope) act, to protect government critics – as it happened

This live blog is now closed

International Business Times

US Fed Set For First Rate Cut Of 2025 As Trump Pressure Looms

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.

International Business Times

US Fed Opens Key Meeting After Trump Aide Sworn In As Governor

The US Federal Reserve started a key interest rate meeting Tuesday, hours after Donald Trump's new appointee narrowly won confirmation to join the central bank -- while another top official fights her removal by the president.

The Conversation

Does anyone go to prison for federal mortgage fraud? Not many, the numbers suggest

Mortgage fraud is back in the news. Lisa Cook, a Federal Reserve governor, is being investigated by the Department of Justice for allegedly making false statements when applying for a mortgage. Members of Donald Trump’s Cabinet are accused of similar wrongdoings. Could any of these people go to prison?

The Guardian - UK

First Thing: Israel has committed genocide in Gaza, says UN commission of inquiry

The commission also accused Benjamin Netanyahu of inciting genocide. Plus, Donald Trump files $15bn lawsuit against the New York Times

Fortune

‘Peak Goldilocks’: The markets have bought the Fed rumors — watch for them to sell on the news

Markets will move on Wednesday after Wall Street parses Cook’s statement and his Q&A for clues about future rate cuts beyond Wednesday.

Fortune

Trump is pushing for a 'big cut' from the Fed—but he's already on a losing streak

Trump failed to oust Fed Governor Lisa Cook and is unlikely to get the steep rate cut he demands, as Powell and the FOMC weigh weaker jobs data.

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