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FED LEGAL BATTLE
US Fed chair nominee Kevin Warsh says he will not be controlled by TrumpKevin Warsh, nominated for the Federal Reserve leadership, assured senators he would maintain central bank independence and not be controll...
Trump nominates Kevin Warsh as next Fed chair, replacing Jerome PowellPresident Donald Trump has nominated Kevin Warsh to lead the Federal Reserve. Warsh, a former Fed governor, is set to replace Jerome Powell...
Independence on Trial: Powell probe raises new questions for the FedThe Federal Reserve chair is under a Justice Department criminal investigation concerning a $2.5 billion headquarters renovation. Prosecuto...
With Fed independence in crosshairs, will Supreme Court back Trump again?The US Supreme Court is leaning towards empowering the President to dismiss regulatory agency heads. However, the court shows hesitation re...
Trump asks US Supreme Court to allow firing of Fed Governor Lisa CookDonald Trump's administration approached the Supreme Court. They sought permission to proceed with the dismissal of Federal Reserve Governo...
Trump asks US Supreme Court to allow firing of Fed Governor Lisa CookThe Trump administration has asked the Supreme Court to allow the removal of Federal Reserve Governor Lisa Cook, a move unprecedented since...
US Fed set for first rate cut of 2025 as Trump pressure loomsThe US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forw...
Gold scales new high as dollar weakens ahead of Fed meetingGold prices surged to a record high on Tuesday, buoyed by a weakening dollar ahead of the Federal Reserve's anticipated policy meeting. Exp...
US judge temporarily blocks Trump from removing Fed Governor Lisa CookA US court has stopped Donald Trump from firing Federal Reserve Governor Lisa Cook. Judge Cobb said Trump's reasons for firing Cook were no...
Gold extends record run on strong safe-haven inflowsGold prices are hitting new records due to market uncertainty. Investors anticipate the U.S. Federal Reserve will cut interest rates. This ...
Dollar headed for monthly drop on rate cut wagersThe dollar is poised for a 2% August drop against major currencies amid rising expectations of a Federal Reserve rate cut next month. Presi...
Fed Governor Cook sues Trump after he attempted to fire herFederal Reserve Governor Lisa Cook is suing Donald Trump, asserting he lacks the authority to remove her from office. Trump accused Cook of...
Embattled Fed Governor Lisa Cook's lawyer says she'll sue Trump to keep her jobLisa Cook plans legal action against Donald Trump's administration. She aims to block her removal from the Federal Reserve. Her lawyer, Abb...
Trump's attempt to fire Fed governor Lisa Cook is likely to lead to a major legal battleDonald Trump's attempt to remove Federal Reserve Governor Lisa Cook over alleged mortgage fraud is likely headed to court, potentially rede...
Fired by Trump, Fed Guv Lisa Cook says she 'won't resign'Lisa Cook refuses to resign after Donald Trump fired her from the Federal Reserve. Cook claims Trump lacks the authority for the dismissal....
Trump might fire Jerome Powell, but it could spark a legal war like nothing America’s seen beforeDonald Trump is again considering firing Federal Reserve Chairman Jerome Powell, potentially igniting a complex legal battle. Powell assert...
US Fed signals law is on its side if Trump tries to remove PowellHouse Speaker Nancy Pelosi defended the Fed's independence on Wednesday.