Tag: Lisa Cook
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Lisa Cook lawyer doubts Trump committee’s fairness as president calls her ‘automatic no vote’
White House spokesman Matthew Middleton said in response to Cook’s lawyer that Trump “is performing his constitutional duty.”
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Trump created a committee to dig into the Fed’s Lisa Cook. What is it and what comes next?
Trump’s bid to fire the Fed’s Lisa Cook follows a Supreme Court ruling and could affect Jerome Powell, central bank independence and interest rates.
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Trump appoints committee to investigate statements by the Fed’s Lisa Cook
Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.
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Trump could target three Fed governors. Removing them may be harder than it looks
Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.
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Analysis: Hot CPI puts Kevin Warsh’s Fed credibility on the line before rate decision
August CPI data leave Kevin Warsh to choose between acting on his inflation warnings or risking new doubts about his control of the central bank.
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Trump revives effort to fire Fed’s Lisa Cook
Trump aide Dan Scavino told Cook there is “sufficient reason to believe that you made false statements on one or more mortgage agreements.”
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Analysis: Trump treats Fed Chairman Kevin Warsh as an ally. That creates economic risks
Trump’s reported phone calls to the Fed chairman will complicate his efforts to prove he will act independently on inflation and interest rates.
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Fed Governor Cook says she’s ‘prepared to act’ on rate hike to address inflation
Cook was part of a 9-3 majority that voted last week to keep the central bank’s benchmark borrowing rate in a range between 3.5%-3.75%.
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Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
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CNBC Daily Open: ECB goes ‘back to basics’
ECB President Christine Lagarde says the recent hike was “justified under every scenario,” as Fed Chairman Kevin Warsh prepares to speak at the event.
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