2 h. ago Trump administration requests emergency ruling to remove Cook from Fed board

The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates

Politics

8 h. ago Trump health fears as side of his face 'completely droops' at public appearance

Internet sleuths have suggested – without any professional medical evidence – that US President Donald Trump may have suffered a stroke due to his mouth and other allegedly ailments

Politics

23 h. ago King Charles suffers major blow ahead of historic Donald Trump state visit

A new survey has recorded the lowest level of support for the monarchy in 40 years, with calls for complete abolishing of the Firm starting to rise

Politics

25 h. ago Secret Service launches review after missing gun in patron’s bag at Trump golf club while he was there

Secret Service has repeatedly suffered security breaches while protecting Donald Trump

Politics

35 h. ago Trump suffers blow in bid to fire Federal Reserve governor as judge rules Lisa Cook can stay during fight

Board member’s legal challenge to president’s attempted ouster supported by district court justice

Events

42 h. ago Asian shares mostly rise, cheered by Wall Street rally to more records

Asian shares are mostly higher, echoing the record rally on Wall Street after the latest update on the job market bolstered hopes the U.S. Federal Reserve will cut interest rates

Politics

43 h. ago Judge rules President Trump cannot fire Fed’s Lisa Cook for now

Ruling allows central bank board member to attend its next rate-setting meeting

Politics

43 h. ago Lisa Cook to remain at Federal Reserve while fighting Trump’s attempt to fire her, judge rules

Agency governor is legally challenging Trump after he sought to remove her, citing unconfirmed mortgage fraud allegationsA federal judge has ruled that Federal Reserve board member Lisa Cook can stay in her post while suing Donald Trump over his unprecedented bid to fire her.Cook is legally challenging the US president after he sought to remove her, citing unconfirmed allegations of mortgage fraud, amid an extraordinary campaign by his administration to strengthen its control over the US central bank. Continue reading...

Events

4 d. ago The ‘bizarre’ referral of the US housing finance agency chief to oust Lisa Cook

Former officials and experts say Bill Pulte’s request for inquiry into Fed governor’s alleged fraud is ‘unusual’The head of the Federal Housing Finance Agency embraced a highly unusual process to accuse Lisa Cook, a Federal Reserve governor, of committing mortgage fraud, former officials and experts have said. One former high-ranking official called the director’s involvement in a criminal referral “bizarre”.William Pulte, a businessman and major GOP donor whom Donald Trump appointed to head the powerful housing agency earlier this year, has accused Cook of committing mortgage fraud by misrepresenting her homes as a primary residence, potentially securing more favorable mortgage rates. The justice department formally opened a criminal investigation into whether Cook committed fraud and has issued subpoenas related to the transaction. Cook’s lawyers have called the discrepancies a “clerical error” and she has denied any wrongdoing. Continue reading...

Politics

4 d. ago One by one, leaders learn that grovelling to Trump leads to disaster. When will it dawn on Starmer? | Simon Tisdall

As the US president’s state visit looms, he’s leaving a trail of broken promises across the globe. Britain can’t afford to look like a lackey stateSign up for our new weekly newsletter Matters of Opinion, where our columnists and writers will reflect on what they’ve been debating, thinking about, reading and moreSucking up to Donald Trump never works for long. Narendra Modi is the latest world leader to learn this lesson the hard way. Wooing his “true friend” in the White House, India’s authoritarian prime minister thought he’d conquered Trump’s inconstant heart. The two men hit peak pals in 2019, holding hands at a “Howdy Modi” rally in Texas. But it’s all gone pear-shaped thanks to Trump’s tariffs and dalliance with Pakistan. Like a jilted lover on the rebound, Modi shamelessly threw himself at Vladimir Putin in China last week. Don and Narendra! It’s over! Although, to be honest, it always felt a little shallow.Other suitors for Trump’s slippery hand have suffered similar heartbr...

Politics

6 d. ago US adds just 22,000 jobs in August as labour market sputters

Lower than expected figure opens door to aggressive Federal Reserve rate cuts

Politics

6 d. ago The Latest: US employers added just 22,000 jobs last month amid uncertainty over Trump’s policies

U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump’s economic policies

Politics

6 d. ago US justice department opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal, who first reported the investigation, which has since been confirmed by multiple news publications. Continue reading...

Society

7 d. ago Demolition for new White House ballroom doesn't need approval, Trump

The head of the National Capital Planning Commission says crews can start demolishing parts of the White House for a new ballroom without needing approval

Politics

7 d. ago US justice department reportedly opens criminal inquiry into Fed governor Lisa Cook

Officials to investigate claims of mortgage fraud against Cook, who has refused to accept firing by Donald TrumpThe US justice department has initiated a criminal investigation into mortgage fraud claims against Federal Reserve governor Lisa Cook, according to new reports, as a lawsuit she filed against Donald Trump over her firing makes its way through court.Lawyers with the justice department have issued subpoenas for the investigation, according to the Wall Street Journal. Continue reading...

Society

7 d. ago Justice Department probes mortgage fraud claims against Lisa Cook of Federal Reserve, AP source says

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

Society

7 d. ago Asian shares are higher after Wall Street steadies itself as Alphabet rallies

Shares in Asia are mostly trading higher after a rally of technology stocks steadied Wall Street and a slide in the dollar made Asian assets more attractive

Events

8 d. ago BoE chief Andrew Bailey takes aim at Donald Trump's 'dangerous' attacks on independence of US Federal Reserve

Andrew Bailey said pressure being put on the central bank in America was a 'very serious situation'.

Politics

8 d. ago Bank of England chief warns attacks on central bank independence are ‘dangerous’

Andrew Bailey said he was ‘very concerned’ by independence issues facing the US’s Federal Reserve.

Events

8 d. ago US job openings slip to 7.2 million in July, more evidence the American labor market is cooling

U.S. employers posted 7.2 million job vacancies in July as the American labor market continued to cool

Economics