The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official ...

It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

A U.S. Justice Department official urged Federal Reserve Chair Jerome Powell to remove Lisa Cook from the Federal Reserve's ...

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Trump has repeatedly attacked the Fed’s chair, Jerome Powell, for not cutting its short-term interest rate, and even threatened to fire him.

To be sure, investors have reason to be cautious. Back in 2022, Powell's keynote speech at Jackson Hole stopped a torrid bear-market rally when he insisted that the central bank remained committed to ...

Walmart drops after earnings miss, Meta weakens, and traders stay cautious ahead of Powell’s Jackson Hole speech. US stocks drift lower across key indices.

The president called for Lisa Cook to resign after his administration accused her of falsifying mortgage documents, but the ...

Federal Reserve Governor Lisa Cook said Wednesday she will not be pressured to resign over questions raised on social media, ...

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...