Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Trump called on a Biden appointee on the Fed Board of Governors, the latest official targeted by the administration, to step down over mortgage fraud allegations.

The president is reportedly considering firing Lisa Cook after one of his housing officials accused her of committing mortgage fraud in 2021.

US Federal Reserve Governor Lisa Cook, the first Black woman on the board, rejects Donald Trump's demand for her resignation over alleged mortgage fraud, vowing to face questions and defend her record ...

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The Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve ...

On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a "criminal referral" to Attorney General Pam Bondi, accusing Cook of mortgage fraud.

U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations. The S&P 500 fell 0.

Federal Housing Finance Agency Director Bill Pulte accused Federal Reserve Governor Lisa Cook of mortgage fraud, escalating the Trump administration's campaign against political opponents through ...