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DOJ Urges Fed’s Powell to Remove Cook

Al Jazeera on MSN · 12m

US DOJ to probe Fed Reserve’s Cook, urges Powell to remove her: Report

The United States Department of Justice plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her, Bloomberg News has reported.

Yahoo Finance · 4h

DOJ Urges Fed's Powell to Remove Governor Cook

The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.

Justice Department signals investigation of Fed Governor Lisa Cook

A Justice Department official is set to probe Federal Reserve Governor Lisa Cook after she was accused by a member of President Donald Trump’s administration of committing mortgage fraud, according to a letter sent Thursday to Fed Chair Jerome Powell.

Powell speaks at Jackson Hole

Jackson Hole: Powell to Put Rates, Fed Independence on Center Stage

Follow live coverage and analysis of the Fed chairman's remarks at the Kansas City Fed's annual economic symposium in Jackson Hole, Wyoming, on Friday.

CNBC on MSN · 3h

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here's what Wall Street expects

Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.

MarketWatch · 1h

Powell speaks at Jackson Hole as Fed interest-rate decision looms

Follow all the developments around Federal Reserve Chairman Jerome Powell's Jackson Hole speech and analysis of what it means for the economy and your money.

Fed, Jerome Powell

The Wall Street Journal on MSN · 21h

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.

The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.

CNN on MSN · 9h

The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.

With Fed under pressure, Jerome Powell prepares for a high-stakes speech

The Fed chair will speak Friday at an annual economic symposium in Jackson Hole, Wyo. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates.

Trump calls on Fed board member Cook to resign

U.S. News & World Report · 1d

Trump Calls on Fed Governor Cook to Resign Over Mortgage Allegations

President Donald Trump on Wednesday called on Federal Reserve Governor Lisa Cook to resign on the basis of allegations made by one of his political allies about mortgages she holds in Michigan and Georgia,

USA TODAY on MSN · 20h

President Trump calls for Fed governor to resign after accusation of mortgage fraud

President Donald Trump called for Lisa Cook to resign from the Federal Reserve's board after his administration accused her of engaging in mortgage fraud.

POLITICO on MSN · 1d

Trump calls on Fed board member Cook to resign after fraud accusation

Board members can be removed only “for cause,” which has generally been interpreted to mean that the president can’t fire them over policy differences.

2m

Why the Federal Reserve has historically been independent of the White House

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

4hon MSN

Fed officials lukewarm on September rate cut as markets await Powell speech

Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors ...

3don MSN

What to Expect from Fed Chair Powell's Speech on Friday: 3 Key Scenarios

Wall Street will be listening closely to Federal Reserve Chair Jerome Powell's speech Friday at the Jackson Hole economic ...

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