Trump calls for Fed Governor Lisa Cook to resign
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Fed, Trump and Powell
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President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.
Readers weigh in on Fed Chair Jerome Powell, private credit, JBS’ labor issues, and the Trump administration’s emerging market behavior.
Trump has used the renovation project as both a literal and symbolic example of what he has often described as government waste. Speaking to reporters last week, Trump called the construction effort “a disgrace,” and accused Fed officials of overspending at a time when inflation remains high and interest rates are biting into household budgets.
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs.
The research is drawing skepticism. "There's a bazillion other reasons" people don't buy flood insurance, one expert said.
Beth Hammack, the president and chief executive of the Federal Reserve Bank of Cleveland, thinks the Fed needs to maintain its focus on fighting inflation.
The FTSE 100 and European stocks were higher on Friday as markets turn their attention to the much-anticipated speech by US Federal Reserve chair Jerome Powell. He is set to speak
NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint at where interest rates are going.
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Bond market is one of the considerations for the Federal Reserve: The Lindsey Group's Larry Lindsey
Larry Lindsey, The Lindsey Group president and CEO, joins 'The Exchange' to discuss Lindsey's potential nomination to chair the Federal Reserve, the CEO's thoughts on recent economic data and much more.