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The recent call for the resignation of Federal Reserve Governor Lisa Cook has stirred significant ... has seized upon allegations of mortgage fraud as a basis for demanding Cook's immediate departure.
If Lisa Cook is forced off the Fed's governing board, it would provide President Donald Trump an opportunity to appoint a loyalist.
Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
US president Donald Trump has called for Lisa Cook, a governor of the Federal Reserve, to resign. Trump posted on social media on August 20: “Cook must resign, now!!!”.
This year’s summit carries additional weight: it will be Powell’s last appearance at Jackson Hole as Fed chair before his ...
This comes as a staunch Trump ally alleged that the top U.S. Fed official committed mortgage fraud, which is "appropriate for referral to the U.S. Department of Justice for consideration of criminal ...
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 ...
Good morning, Coastal Bend! Here's a look at the 6 things you need to know before you walk out the door this Thursday morning.
Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday at the Fed’s annual economic symposium in Jackson Hole, Wyoming.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.
On Wednesday, Fed governor Lisa Cook said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.
On Wednesday, Fed governor Lisa Cook said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed mortgage fraud.