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The Latest Breaking News from Lisa Cook

No one’s happier about calls for a ‘back-seat’ Fed than Fed insiders who were targeted by the White House this year

“How much can truly change under a single administration?” I asked one source. “Three years is a long time yet,” came the response.

Fortune

The Fed may have reassured Powell that it's safe to leave the board early when a new chair takes over. 'I think he's done with this job'

Given Powell's commitment to Fed independence, there were doubts that he would leave the board when his replacement as chair comes in.

Fortune

Trump is close to naming the new Federal Reserve chief. His choice could raise the risk of stagflation

US President Donald Trump has signalled in an interview with the Wall Street Journal he is close to announcing his pick for the next chair of the US Federal Reserve.

The Conversation

From analysis to the latest developments in health,
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Trump had two mortgages he claimed were primary dwellings, records show

President did same thing his administration is now calling ‘mortgage fraud’ in case against Fed governor Lisa Cook

The Guardian - US

December Fed Meeting: Updates and Commentary

The December Fed meeting is one of the last key economic events of 2025, with Wall Street closely watching what Chair Powell & Co. will do about interest rates.

Kiplinger

Supreme Court to hear oral arguments on Rebecca Slaughter firing - Roll Call

The Supreme Court is set to hear arguments Monday over President Donald Trump’s decision to fire Federal Trade Commissioner Rebecca Slaughter.

Roll Call

Lawyers for Fed governor accuse Trump administration of ‘cherry-picking’ facts in fraud case

Lisa Cook’s lawyer details defense against accusations she misrepresented residences to get better mortgage rate

The Guardian - US

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Fed's Cook blasts mortgage fraud allegations against her as 'baseless' in letter to AG Bondi

Lawyers for Federal Reserve Governor Lisa Cook on Monday disputed allegations by a Trump administration official that she committed mortgage fraud, an accusation that President Donald Trump used as a basis for seeking to fire her

The Independent UK

Democrat Eric Swalwell faces federal criminal inquiry for alleged mortgage fraud

Latest target of Trump’s retribution campaign says ‘only thing I am surprised about is that it took him this long’

The Guardian - US

What's Next for the Fed — as an Institution?

The U.S. central bank was already contending with economic challenges. Now comes a political one.

Kiplinger

Stocks Close Higher on M&A and AI Optimism

The S&P 500 Index ($SPX ) (SPY ) on Monday rose +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell -0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +0.37%. December E-mini S&P futures (ESZ25 ) rose +0.09%, and December E-mini Nasdaq futures (NQZ25 ) rose...

Barchart

The mortgage fraud case against Letitia James is ‘bupkis’, experts say

‘Are you really going to believe the attorney general of New York would commit this over $600 a year?’ says one lawyer

The Guardian - US

How Bill Pulte learned the art of the attack, from his own family to Letitia James

Bill Pulte has become a significant player in the Trump administration

The Independent UK

BoE Warns Of Twin Market Risks: Bursting Of AI Valuation Bubble, Loss Of Faith In Fed's Independence Could Trigger Sharp Correction

The Bank of England has warned that the loss of confidence in the U.S. Federal Reserve's independence or a reversal in AI-driven market optimism could trigger a global selloff.

Benzinga

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The Guardian - US

Tariffs, ‘conversion therapy’ and mail ballots: key US supreme court cases to watch this term

Trump has voiced strong views on many of the issues the US high court will be tackling as justices assemble for new term

Axios

Trump's push for executive control runs into a hurdle: economic independence

On Tuesday, the White House withdrew E.J. Antoni's nomination to run the BLS.

Axios

Trump pits the Supreme Court against its own precedents

Trump needs the court to validate his sweeping view of presidential power.

Reason

How To Fix College

Plus: The Dignity of Dependence, infinite scroll, ZIRP narratives, and more...

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Benzinga

Supreme Court Thwarts Trump's Bid For Immediate Removal Of Fed Governor Lisa Cook

The Supreme Court has ruled in favor of Lisa Cook, a Federal Reserve governor, allowing her to remain in her position for now, putting a temporary halt to the Trump administration’s immediate dismissal efforts.

Euronews

Supreme Court lets Lisa Cook remain a Federal Reserve governor for now

Fed governor Cook will be able to take part in the remaining two Fed meetings in 2025, including the next meeting of its interest rate-setting committee in late October.

The Guardian - US

Trump news at a glance: Funding for Democratic states frozen as president uses shutdown to punish opponents

The vice-president said the administration would be forced to resort to layoffs if the shutdown lasts more than a few days. Key US politics stories from Wednesday 1 October at a glance

International Business Times

Supreme Court Blocks Trump From Immediately Firing Fed Governor

The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.

International Business Times

Trump's Bid to Fire Federal Reserve Gov Stopped In Its Tracks By Conservative SCOTUS

The Guardian - US

Federal Reserve governor will keep job for now despite Trump’s bid to remove her

Supreme court defers action on request to remove Lisa Cook from post, at least until it hears oral arguments on case

The Independent UK

Supreme Court declines Trump’s request to immediately remove Lisa Cook from Federal Reserve board

Justices will revisit Trump’s request to remove Lisa Cook as a Federal Reserve governor in January

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