Though the high court affirmed the political independence of the Federal Reserve, it gave the presidency huge control over dozens of federal regulators.
Category: Cook, Lisa D
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Trump Renews Threat to Fire Fed Governor in Wake of Court Loss
The president promised to “take appropriate action immediately” against Lisa D. Cook, a Fed governor.
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Senate Confirms Kevin Warsh as Fed Chair
President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.
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How Powell Just Complicated Trump’s Fed Plans
Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.