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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...
In today's newsletter: Trump is set to speak to European leaders reeling from his push to take control of Greenland at the World Economic Forum.
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....
A federal court blocked Cook's removal, and she remains on the Fed's rate-setting board US president Donald Trump's special envoy Steve Witkoff said he would meet Russian president Vladimir Putin on Thursday. Witkoff told CNBC in an interview, referring to Putin: Well, look, we have to go meet him on Thursday. But it's the Russians who are asking for that meeting. I think that's a significant statement on their part. Continue reading...
SCOTUS will review Trump's effort to fire Lisa Cook from the Fed's board of governors, a high-stakes court clash that could have major economic impacts.
Federal Reserve Chairman Jerome Powell plans to attend the oral arguments at the Supreme Court.
The Trump administration's investigation into Jerome Powell could hurt the president's case, legal experts have speculated.
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.
Slate - 3 hours 46 min agoRooting for the "damage control" of a narrow ruling.
Lisa Cook, a Federal Reserve governor, speaking in Washington in November.
The Supreme Court on Wednesday considers President Donald Trump's attempt to oust Federal Reserve board member Lisa Cook.
NPR - 4 hours 6 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.
Case will test the limit of Trump's powers as he continues extraordinary campaign for control over central bank The US supreme court will hear oral arguments over Donald Trump's bid to fire a Federal Reserve governor on Wednesday morning, as his administration continues its extraordinary campaign for control over the central bank. The US president tried to fire Lisa Cook in August over apparent discrepancies on mortgage applications Trump's officials claim are evidence of fraud. Continue...
ABC News - 9 hours 45 min agoUtah's Republican legislative leaders and Gov. Spencer Cox are saying they support a proposal to expand the state Supreme Court's five-judge panel to seven...
The Supreme Court seemed likely to strike down Hawaii restrictions on carrying guns into stores Tuesday in the justices' latest firearm case since their landmark decision expanding Second Amendment rights. The Trump administration backed the challenge to the law barring guns in places like malls and hotels unless the property...
In an emergency filing, party asked for an injunction for new maps aimed at countering Texas' gerrymander The California Republican party has asked the state supreme court to block a redistricting measure voters approved in November that would flip up to five House seats in Democrats' favor. In an emergency filing, the party asked Justice Elena Kagan, who is assigned to the ninth circuit, to issue an injunction before 9 February, the beginning of California's candidate filing period...
ABC News - 12 hours 9 min agoThe Supreme Court seems likely to strike down Hawaii restrictions on carrying guns in stores in the justices' latest firearm case since their landmark decision expanding Second Amendment rights...
Attack of the Fanboy - 12 hours 21 min agoThe Supreme Court appears highly skeptical of Hawaii's controversial law that sharply limits where people can carry firearms, signaling the justices may...
Liberal commentators spoke happily about how a "blue tsunami" in the midterm election will lead to the prosecution of President Donald Trump and his MAGA allies.
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump tariff threats, Fed challenge spur selloff Stocks took heavy losses Monday as Wall Street reacted to President Trump's new tariff threat and major Supreme Court case regarding the Fed. AP All three major U.S....
The state Republican party and other opponents of the new congressional districts created by voter-approved Proposition 50 in November, sought an emergency injunction from the Supreme Court on Tuesday.
The legality of Trump's sweeping tariffs is being considered by the Supreme Court...
ABC News - 14 hours 35 min agoAs President Trump mounts a campaign to control the Federal Reserve, the Supreme Court is considering his ability to remove a member of the Fed's governing board.
Several conservative Supreme Court justices were stunned that the legal team defending Hawaii's so-called "vampire rule" restricting people from carrying guns on privately owned spaces open to the public without consent leaned on racist laws from the mid-1800s.
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