Lawyers for the administration told a court it should be “highly deferential” to the president when it comes to firing a Federal Reserve governor “for cause.”
Category: Trump, Donald J
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In Hong Kong, Eric Trump Lauds Growing Influence of Crypto
The president’s son, who helps run the Trump family’s business interests in digital currency, predicted that Bitcoin will someday exceed $1 million.
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Can Cadillac Keep Selling E.V.s as Trump Repeals Climate Policies?
Electric models from the luxury car brand have been very successful, but they may struggle once a $7,500 federal tax credit ends next month.
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CDC Standoff: RFK Jr.’s Push to Fire Director Devolves Into Chaos
Lawyers for the agency’s chief, Susan Monarez, insist that the impasse with Health Secretary Robert F. Kennedy Jr. can only be resolved by President Trump.
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E. Jean Carroll Is Telling Her Story in a Documentary. Will It Find a Buyer?
The film, from Ivy Meeropol, will play Telluride. But as distributors pull back from nonfiction titles, especially political ones, a release isn’t certain.
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Fed Governor Lisa Cook Sues Trump Over Dismissal
Lisa Cook, who has not been charged with a crime, sought to retain her position, arguing her firing was “unprecedented and illegal.”
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How Trump Could Gain Control of the Fed
President Trump’s attempt to fire Lisa Cook has laid bare the erosion of the Federal Reserve’s independence, which could lead to economic consequences for Americans, The New York Times’s chief economics correspondent explains.
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Trump’s Fed Feud Spotlights Mortgage Data Privacy: Is Your Information Public?
After President Trump accused a Federal Reserve governor of mortgage fraud, everyday citizens are waking up to just how much information is out there.
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Nothing Could Topple the ‘Queen of Heels.’ Then Trump Came Along.
The president’s steep tariffs and erratic moves have turned manufacturing abroad into a minefield, even for entrepreneurs who set up in countries viewed as safe alternatives to China.
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Medicare Will Require Prior Approval for Certain Procedures
A pilot program in six states will use a tactic employed by private insurers that has been heavily criticized for delaying and denying medical care.
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The Fate of the Fed May Turn on Two Words: ‘For Cause’
The Supreme Court has said the Federal Reserve Board’s independence warrants protection. President Trump’s effort to fire a member will test that commitment.
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F.D.A. Approves Covid Shots With New Restrictions
The agency’s fall recommendations underscore the goals of Health Secretary Robert F. Kennedy Jr. to limit access to the vaccines, which he has long opposed.