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Colby Smith
Posts
Judge Rules Fed Governor Can Remain in Role, for Now
The decision is a win for Lisa Cook, the Federal Reserve governor that President Trump sought to dismiss over allegations of mortgage fraud.
Weak Jobs Report Strengthens Case for Fed to Cut Interest Rates
A reduction at the Federal Reserve’s next meeting this month looks all but assured after August’s labor market data.
A weak jobs report would strengthen the case for rate cuts.
The Federal Reserve is likely to begin lowering interest rates at its next meeting in two weeks’ time. But the pace of those reductions will…
A weak jobs report would strengthen the case for rate cuts.
The Federal Reserve is likely to begin lowering interest rates at its next meeting in two weeks’ time. But the pace of those reductions will…
Stephen Miran, Trump’s Fed Pick, to Face Grilling From Lawmakers
Stephen Miran, who served as one of the president’s top economic advisers, will have to reconcile his past criticism of the central bank with his…
Stephen Miran, Trump’s Pick for Fed, Says He Will Preserve Its Independence
Stephen Miran is scheduled to face members of the Senate Banking Committee on Thursday as the administration steps up its attacks on the Federal Reserve.
Cook’s Lawyers Fire Back at Trump’s Claim of Vast Powers to Oust Fed Officials
Lisa Cook is seeking a swift ruling on her ability to remain on the Federal Reserve’s Board of Governors as the case is litigated.
How Trump Could Overhaul the Fed
The president wants to pack the central bank’s Board of Governors with loyalists, which would grant him greater sway over an institution that is supposed…
Trump Asserts Expansive Power to Fire Fed Governor Lisa Cook
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…
PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates
The latest economic data keeps the central bank on track to lower interest rates at its next meeting in September.