3 d. ago U.S. court rules Lisa Cook can stay as Fed governor, blocks Trump from removing her

Trump, a Republican, said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud.

Politics

5 d. ago New immigration campaign prompts confusion as Chicago braces for federal intervention

CHICAGO — The Department of Homeland Security trumpeted the start of a new immigration operation Monday in Chicago, stirring up fresh confusion and anxiety as the city remained on alert for a federal intervention President Donald Trump has touted for days. Blasting so-called sanctuary laws in Chicago and Illinois, the latest effort targets people without […]

Other

2 w. ago Fed Gov. Lisa Cook sues Trump administration to block her attempted firing

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook has sued 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. No president has sought to fire a Fed governor in the institution’s 112-year history until Trump posted […]

Politics

2 w. ago Trump fires Fed governor, opening new front in fight for control over central bank

WASHINGTON — President Donald Trump fired Federal Reserve governor Lisa Cook late Monday, a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics. Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that […]

Events

3 w. ago Trump calls on Federal Reserve governor Lisa Cook to resign after ally accuses her of mortgage fraud

WASHINGTON — 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. Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to the […]

Politics

3 w. ago Trump calls on Federal Reserve official to resign after ally accuses her of mortgage fraud

WASHINGTON (AP) — 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. Bill Pulte, director of the agency that oversees mortgage giants Fannie Mae and Freddie Mac, urged the Justice Department to investigate Cook, who was appointed to […]

Events