The president said he was removing Cook from the Board of Governors immediately for "cause" but it was unclear if he has the authority to do so.

President Donald Trump wants the Federal Reserve to lower its target interest rate, saying that high rates mean higher ...

CD account interest rates have remained high, but will they stay elevated this fall? Here's what some experts predict.

Former President Joe Biden appointed Cook as governor of the Federal Reserve in 2022, making her the first Black woman to serve in the role.

Taking things in stride. Markets are closely monitoring the battle between President Trump and Federal Reserve governor Lisa ...

Fed-funds-futures traders kept the likelihood of two quarter-point rate cuts from the Federal Reserve at just under 50% on ...

In an unprecedented move, U.S. President Donald Trump said that he’s firing Federal Reserve Governor Lisa Cook — marking a ...

Consumer confidence worsened slightly in August, erasing some gains from the previous month and resuming a downward trend ...

President Trump has fired Federal Reserve Governor Lisa Cook, a historic move as it marks the first firing of a central bank ...

President Trump has demanded the removal of the Biden appointee in what would mark an unprecedented move against the central ...

Fed governors can only be fired for cause. “The extent to which there is cause is, at best, dubious,” said Karen Petrou of ...

On Monday night, Trump announced that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what ...