The Supreme Court on Wednesday postponed a decision on whether President Donald Trump can immediately remove Federal Reserve board member Lisa Cook, instead agreeing to hear oral arguments in the case early next year.
Read More SCOTUS postpones decision on whether Trump admin can remove Fed. Reserve member Lisa Cook, agreeing to hear oral arguments next yearTag: Lisa Cook
Fed lowers interest rates, signals more cuts ahead; Miran dissents
The Federal Reserve reduced interest rates for the first time since December and indicated more cuts would follow to halt any signs of weakness.
Read More Fed lowers interest rates, signals more cuts ahead; Miran dissentsLisa Cook, gobernadora de la Reserva Federal, demandará al gobierno de Trump para conservar su puesto: “No renunciaré”
Cook está acusada de etiquetar erróneamente dos propiedades como su residencia principal para obtener condiciones de préstamo más favorables, específicamente hipotecas obtenidas en 2021, antes de su nombramiento en la Reserva Federal.
Read More Lisa Cook, gobernadora de la Reserva Federal, demandará al gobierno de Trump para conservar su puesto: “No renunciaré”Fed. Reserve Board of Governors member Lisa Cook to sue over GOP admin’s firing: ‘I will not resign’
Federal Reserve Board of Governors member Lisa Cook is reportedly filing a lawsuit challenging her firing, which was ordered by President Donald Trump following allegations that she committed mortgage fraud.
Read More Fed. Reserve Board of Governors member Lisa Cook to sue over GOP admin’s firing: ‘I will not resign’Wall Street retreats with data, Fed comments in focus
Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.
Read More Wall Street retreats with data, Fed comments in focus
