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Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
Trump called on a Biden appointee on the Fed Board of Governors, the latest official targeted by the administration, to step down over mortgage fraud allegations.
On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a "criminal referral" to Attorney General Pam Bondi, accusing Cook of mortgage fraud.
Federal Housing Finance Agency Director Bill Pulte recently urged Attorney General Pam Bondi to investigate Cook over a pair of mortgages. After Bloomberg News reported the referral Tuesday evening, ...
Lawyer for Letitia James calls DOJ official Ed Martin's visit to her house a 'bizarre stunt' as federal grand jury ...
President Donald Trump has accused Schiff of mortgage fraud, an allegation the Democratic senator says is false.
If Lisa Cook is forced off the Fed's governing board, it would provide President Donald Trump an opportunity to appoint a loyalist.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.
Newark, NJ – Wednesday — A New Jersey man convicted for his role in a multimillion-dollar timeshare fraud scheme failed in ...
President Donald Trump on Wednesday urged Federal Reserve governor Lisa Cook to resign after a top housing regulator accused ...
The president is reportedly considering firing Lisa Cook after one of his housing officials accused her of committing mortgage fraud in 2021.
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