All articles tagged with #fed board
Fed Chair Jerome Powell has not disclosed whether he will remain on the Fed board after his term ends in May, amid speculation driven by political pressures and the potential impact on Fed independence and interest rate policies. Most observers believe he will likely leave, but his decision remains uncertain, reflecting broader tensions between the Fed's independence and political influence.
The Trump administration has petitioned the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve's board, challenging a federal judge's ruling that her removal was likely illegal. Cook, appointed by President Biden, has refused to leave her post, and the case highlights unprecedented efforts by the Trump administration to influence the Fed's independence.
The White House plans to appeal a court decision that prevented President Trump from firing Fed Governor Lisa Cook, amid ongoing efforts to influence the Federal Reserve's composition and policies, while also addressing other political and law enforcement issues.
The Senate confirmed White House economic adviser Stephen Miran to the Federal Reserve board along party lines, raising concerns about the Fed's independence amid ongoing debates over interest rate policies and Trump's influence on the central bank.
The Federal Reserve is set to decide on interest rates amid political turmoil, with President Trump actively reshaping the Fed's board and pushing for a rate cut, while uncertainty surrounds the voting process due to recent legal and political conflicts involving key members.
The Trump administration has filed an emergency appeal to remove Lisa Cook from the Federal Reserve's board of governors before a scheduled interest rate decision, following a court ruling that her initial removal was illegal. The case involves allegations related to her mortgage claims, which she denies, and could impact upcoming Fed rate cuts and the appointment of new board members.
President Trump threatened to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, aiming to influence the Fed's composition and policy, which raises concerns about the central bank's independence amid ongoing political pressure.