Donald Trump vs Fed governor: US President’s attempts to fire Lisa Cook might land in legal battle; Biden appointee vows not to resign

US President Donald Trump’s attempt to dismissal Federal Reserve governor Lisa Cook is expected to land in court, raising questions over the extent of presidential powers against the traditionally independent central bank.Legal experts say Trump’s claim that he can fire Cook, a Biden appointee, is legally weak but unprecedented. The Supreme Court has recently allowed […]

‘Crime, murder, and death’: Trump slams Federal Reserve’s $3.1B renovation spending, vows to make capital ‘beautiful again’

US President Donald Trump on Sunday blasted the Federal Reserve’s ongoing headquarters renovations, ahead of a Monday press conference where he plans to address “crime and the beautification” of Washington, D.C. The event is set to address the eradication of “Crime, Murder and Death” in the nation’s capital. It will also focus on “Cleanliness and […]

‘Surprised he was appointed’: Trump forgets he first named Powell Fed chair; blames Biden for keeping him on

US President Donald Trump has never concealed his mounting disdain for Federal Reserve Chairman Jerome Powell, but his latest remark earlier last month drew attention, as he expressed surprise over Powell’s “appointment”, seemingly forgetting that he was the one who originally appointed him to the role in 2018.“I was surprised he was appointed,” Trump said […]

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