Lisa Cook, Federal Reserve and Trump
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The Fed's slower balance sheet reduction and upcoming rate cuts could impact liquidity, banking reserves, and economic stability. Read the full analysis now.
The Federal Reserve System is a network of regional banks that acts as the central bank of the United States. What Is the Federal Reserve System (FRS)? The Federal Reserve System (FRS) is the central bank of the United States. Often called the Fed ...
Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. Ruben Gallego’s new bill becomes law. Gallego, D-Arizona, this week introduced the Fed Integrity and Independent Act,
Independence setting monetary policy must be preserved, but it must not shield the Fed from overdue reform, the Illinois Policy Institute’s Paul Vallas writes in a Chicago Tribune column.
President Donald Trump's administration on Wednesday appealed a ruling blocking him from firing Federal Reserve Gov. Lisa Cook as he seeks more control over the traditionally independent board. The notice of appeal came hours after U.
As widely expected, the Federal Reserve trimmed its policy rate by 25 basis points to 4.00%-4.25% on Wednesday, acknowledging a softening labor market even as inflation perked up in recent months.
At an event in Providence, Federal Reserve chairman Jerome Powell said policymakers are trying to manage risks to both sides of the central bank’s dual mandate of maximum employment and stable prices.