The Federal Reserve enacted its first rate cut since December with a quarter-percentage point lowering the target range for the federal funds rate to 4% to 4.25%. The vote by the central bank’s Federal Open Market Committee was nearly unanimous. The only dissent was...
The Trump administration is planning to continue its effort to remove Federal Reserve Gov. Lisa Cook by taking its case to the US Supreme Court. The New York Times, sourcing its information from an unnamed “administration official who spoke on the condition of...
Federal Housing Finance Agency Director Bill Pulte reacted angrily to last night’s appeals court ruling blocking President Trump from firing Federal Reserve Gov. Lisa Cook by blaming the “fake news” for not backing his efforts to have Cook removed from office. In a...
The Federal Reserve’s policy making Federal Open Market Committee will convene on Tuesday with Lisa Cook remaining on the central bank’s Board of Governors and Stephen Miran temporarily filling a vacancy on that body. A federal appeals court rejected...
A Reuters review of loan documents issued to Federal Reserve Gov. Lisa Cook on an Atlanta home shows the property was declared as a “vacation home” and not as a “primary residence.” Bill Pulte, director of the Federal Housing Finance Agency, has repeatedly insisted...