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Search results for: "Federal Reserve". 32 articles found.
One conservative justice warned that the White House interpretation of the law could "shatter" Federal Reserve independence.
One conservative justice warned that the White House interpretation of the law could "shatter" Federal Reserve independence.
The Supreme Court appeared skeptical of President Trump's ability to fire Federal Reserve board member Lisa Cook during the oral arguments. NBC News' Gary Grumbach has details on the cases presented by both sides and what could come next.
The Trump administration's arguments could "weaken, if not shatter, the independence of the Federal Reserve," Justice Brett Kavanaugh said.
NPR - 1 hour 39 min agoThe administration wants the authority to fire Lisa Cook, a Fed governor. Experts say that would undermine the independence of the central bank.
The Supreme Court will consider whether the law requires Lisa D. Cook, a Federal Reserve governor, be afforded due process in her firing.
President Donald Trump said he would be announcing his new pick to serve as the chair of the Federal Reserve soon and continued to criticize Federal Reserve Chair Jerome Powell in his speech at the World Economic Forum.
Trump's action against Cook is widely regarded as the most significant challenge to the Fed's independence since its inception in 1913...
The Supreme Court will hear oral arguments Wednesday over President Donald Trump's firing of the governor of the Federal Reserve board Lisa Cook.
No president before President Trump has tried to fire a Federal Reserve governor.
Lisa Cook, the first Black woman to serve as a Federal Reserve governor, is at the center of a Supreme Court fight over President Trump's attempt to fire her.
Stephen Miran, one of the president's economic advisers, joined the Federal Reserve Board of Governors last year.
Listen live as the Supreme Court hears oral arguments over President Trump's attempt to oust Federal Reserve board member Lisa Cook.
Lisa Cook has served on the Federal Reserve Board of Governors since 2022.
Former chairs of the Board of Governors of the Federal Reserve including Alan Greenspan, left, and Janet Yellen, signed the amicus brief.
The Supreme Court on Wednesday morning will weigh whether President Trump can legally oust Lisa Cook from the Federal Reserve Board of Governors over accusations of mortgage fraud. The oral arguments come as Trump has sought to reshape independent agencies that have long enjoyed protections against the president's firing authority. Also looming over the case is the Justice Department's criminal...
President Trump's power over the Federal Reserve goes before the Supreme Court Wednesday in a blockbuster review of the central bank governors' firing protections. As the president wages war against the Fed for not lowering interest rates quicker, Trump has looked to sack Fed governor Lisa Cook by accusing her of mortgage fraud, which she denies. Lower courts sided with Cook. The justices have punted a decision for months...
Morning Report is The Hill's a.m. newsletter. Subscribe here. In today's issue: Trump's Davos to-do list DOJ subpoenas Minnesota officials Supreme Court hearing Federal Reserve case Virginia redistricting measure going to voters President Trump has much on his agenda as he meets with world leaders at the World Economic Forum in Davos, Switzerland, this week....
Federal Reserve Chairman Jerome Powell plans to attend the oral arguments at the Supreme Court.
The Justice Department's criminal probe into the Federal Reserve is casting a shadow over President Trump's plans for the central bank. Trump is expected to announce his choice to succeed Fed Chair Jerome Powell within the next few weeks. But the threat of criminal charges against Powell may make it harder for Trump to replace...
The Supreme Court is hearing oral arguments on Wednesday in the case of Lisa Cook, the Federal Reserve governor whom President Trump is attempting to fire. Our reporter Colby Smith describes the importance of Cook's case for the independence of the central bank.
Lisa Cook, a Federal Reserve governor, speaking in Washington in November.
NPR - 8 hours 51 min agoAt issue are President Trump's efforts to break with 112 years of law and precedent by firing Lisa Cook, a member of the Federal Reserve's governing board.
The Supreme Court on Wednesday considers President Donald Trump's attempt to oust Federal Reserve board member Lisa Cook.
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