The Trump administration is asking the Supreme Court Thursday to let the president fire a member of the Federal Trade Commission, the latest in a string of emergency petitions over the president’s removal power.
The Justice Department has issued subpoenas as part of an investigation into mortgage fraud allegations against Lisa Cook, who is fighting a Trump administration effort to remove her from her role as a Federal Reserve governor.
Stephen Miran, President Donald Trump’s pick to join the Federal Reserve Board, says he'd remain a White House employee even if the Senate confirms him to fill an unexpired term at the central bank.
As Congress returns for a busy fall stretch, President Donald Trump is reaching into the affairs of the legislative branch, chiseling away at the separation of powers.
The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.
In a letter sent to Republican House Speaker Mike Johnson, President Donald Trump said he wouldn't be spending $4.9 billion in congressionally approved foreign aid — effectively cutting the budget without going through the legislative branch.
A case that could provide the Trump administration with new and expansive power over the traditionally independent Federal Reserve got its first court hearing Friday.
Federal Reserve Governor Lisa Cook is suing the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding political independence.
Donald Trump’s vow to fire Federal Reserve Board Governor Lisa Cook is at the intersection of the Republican president’s efforts to consolidate power and purge diverse voices from the higher ranks of American leadership.
Bill Pulte, the country's top housing regulator, has been using his position to target President Trump's political enemies.
Federal Reserve Gov. Lisa Cook's lawyer says she'll sue President Donald Trump's administration to try to prevent him from firing her.
Lisa Cook made headlines three years ago when she became the first Black woman to serve on the Federal Reserve’s Board of Governors, one of the most powerful financial institutions in the world.
President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.
President Donald Trump says he’s firing Federal Reserve board Member Lisa Cook amid mortgage fraud allegations.
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.
Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.
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.
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud.
The Republican-controlled Texas House of Representatives has passed a redrawn congressional map that creates up to five new winnable GOP seats in Congress.
President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says the alledged mismanagement of a building renovation project could be grounds for firing Powell.
Federal Reserve Chair Jerome Powell swore in three members of the central bank’s governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank’s first Latina governor.
President Joe Biden’s three nominees for the Federal Reserve’s Board of Governors pledged to fight inflation during a confirmation hearing that drew only modest pushback from Republican members of the Senate Banking Committee.
President Joe Biden has nominated Philip Jefferson, a member of the Federal Reserve’s Board of Governors, to serve as vice chair of the board.
The nomination of Michael Barr, President Joe Biden’s choice to be the top regulator on the Federal Reserve’s Board of Governors, was approved by a congressional committee and sent on the full Senate.
The Senate confirmed the nomination of Lael Brainard to a four-year term as vice chair of the Federal Reserve, elevating her to the Fed’s No. 2 post in the midst of the central bank’s toughest fight against inflation in four decades.
A key nominee to the Federal Reserve’s Board of Governors has said in testimony before a Senate panel that she would not make it harder for any industry to obtain bank loans.
President Joe Biden nominated three people for the Federal Reserve’s Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the board.
President Joe Biden will nominate three people for the Federal Reserve’s Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the Fed’s board.
Randal Quarles announced Monday that he will resign from the Federal Reserve’s Board of Governors at the end of the year after completing a four-year term as the central bank’s top bank regulator, opening up another vacancy on the Fed’s influential board for President Joe Biden to fill.
