Category: United States Politics and Government

Lisa Cook Says She Will Not Step Down From the Fed

Ms. Cook said that she would not resign from the board of governors, hours after President Trump announced he was firing her.
Trump Says He Is Removing Lisa Cook From Federal Reserve Board

“I have determined that there is sufficient cause to remove you from your position,” Mr. Trump said in a letter. Her dismissal threatened to touch off a landmark legal battle over the Fed’s independence.
After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals

The president said he hoped to “get as much as I can,” signaling a shift in the relationship between government and private business.
Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm

An order to stop work on the Revolution Wind project off Rhode Island further rattled the beleaguered Danish company.
Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks

The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole conference.
Corporate America’s Newest Activist Investor: Donald Trump

The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to state-managed capitalism in other parts of the world.
As Troops Walk the Streets, Washington Restaurants Report a Slump

With the deployment of the National Guard, owners say business is down drastically.
Where U.S. Medicines Are Made and How Trump’s Tariffs Could Affect Them

President Trump’s planned pharmaceutical tariffs threaten to hit many of the most common and well-known drugs that Americans take.
Covid Vaccine Opponent Tapped to Lead Federal Review Team

Panel members have been given a broad mandate, despite pleas from C.D.C. employees asking Robert F. Kennedy Jr. to stop spreading misinformation.
What to Know About the Fed’s Lisa Cook and Mortgage Fraud Allegations

Trump administration officials have accused the Federal Reserve governor of mortgage fraud and called for her to resign.
Can Trump Fire a Fed Governor? What to Know About the Legal Arguments

The Supreme Court has indicated that there are distinctive reasons to shield the Federal Reserve from political interference.
Trump Signals Fourth Delay of TikTok Ban

The short-form video app has until mid-September to change its ownership structure or face a ban in the United States, after a number of deadline extensions from President Trump.