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Fed governor Cook vows to fight Trump firing

Trump moves to fire Fed's Lisa Cook as she vows to sue

President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that they plan to file a lawsuit challenging the move.

Associated Press News · 4h

Live updates: Trump says he’s firing Fed Governor Lisa Cook amid allegations of mortgage fraud

Trump said Monday night that he's firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.

Reuters · 2h

Trump takes his Fed fight to new level with effort to fire Cook

The unprecedented step could test the boundaries of presidential power over the independent monetary policy body should it be challenged in court.

Morgan Stanley Predicts Fed May Start Cutting Rates

Reuters · 1d

US stock futures dip after Powell-led rally on September cut expectations

U.S. stock index futures slipped on Monday, pausing after strong gains in the previous session, when Federal Reserve Chair Jerome Powell hinted that an interest-rate cut could be on the table at the central bank's meeting next month.

InvestorsHub on MSN · 2h

Morgan Stanley Predicts Fed May Start Cutting Rates in September

Morgan Stanley now anticipates the Federal Reserve will start lowering interest rates as early as September, following a notable shift in tone from Chair Jerome Powell at Jackson Hole. “We now forecast Fed rate cuts beginning in September,

New York Post on MSN · 1d

World shares are mixed after Fed Chair Powell hints at rate cuts in September

World shares were mixed on Monday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way. European markets opened lower, with Germany’s DAX down 0.2% at 24,305.67,

Watch these 3 market signals to gauge how worried to be about Trump's attacks on the Fed

The market doesn't hide its feelings about Trump decisions. Investors take drastic action when they feel like they need to.

26m

Seeking to Control the Fed, Trump Risks Upending a Pillar of the Global Economy

President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead ...

5hon MSN

Trump moves to oust Fed Gov. Lisa Cook and a new West Bank settlement threatens a two-state solution: Morning Rundown

From the U.S. to El Salvador and back to the U.S., Kilmar Abrego Garcia's deportation status remains uncertain after U.S.

7hon MSN

Trump has bought $100 million in bonds since taking office. His portfolio is poised to get a boost if the Fed cuts rates.

Trump has repeatedly pressured the Fed to cut rates, something that could boost bond portfolios, including his own.

The Fed’s future hangs in balance after Trump’s assault

Donald Trump’s decision to fire Federal Reserve governor Lisa Cook is a pivotal moment. It signals the US president’s switch from unpleasant name-calling of the Fed to an all-out assault on central ...

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