Federal Reserve Chair Jerome Powell on Wednesday offered his first explanation into his decision to attend Fed Governor Lisa Cook's Supreme Court hearing.
President Donald Trump has sought to fire Federal Reserve Governor Lisa Cook, citing claims that she committed mortgage fraud in connection with two homes.
President Donald Trump has said he wants to fire Fed Governor Lisa Cook because of allegations she committed mortgage fraud. She denies any wrongdoing.
Miran's fast-tracked confirmation vote comes as Trump has moved to fire Fed Governor Lisa Cook from the central bank, citing allegations of mortgage fraud.
The Supreme Court is expected to make the final decision on the question of whether President Trump has legal cause to remove Cook from the Federal Reserve.
Close relatives of the federal official who has accused a Federal Reserve governor of improperly claiming primary residence on two properties have declared the same status on two homes in two differe…
A court hearing could end with Fed Governor Lisa Cook remaining on the job while her lawsuit challenging her firing by President Donald Trump plays out.