Hundreds of economists say Trump adminstration’s move to fire Cook “threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions.” Continue reading
A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled new allegations of misrepresentation on a third property. Continue reading
If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed cuts short-term rates. Continue reading
Federal Reserve governor Lisa Cook filed a lawsuit against President Trump on Thursday alleging that his attempted firing of her was illegal without him showing “cause” for her termination. Continue reading
Trump has attempted to remove Lisa Cook from the rate-setting board over allegations made by the head of FHFA. Cook has denied wrongdoing and said she would continue serving on the board. Continue reading
A “Wall Street Journal” editorial calls Pulte’s criminal referral of Federal Reserve governor “an ominous turn in political lawfare” and warns that “weaponizing” Fannie and Freddie’s federal regulator “won’t build confidence in America’s institutions o… Continue reading
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries Continue reading
In July alone, 114 posts raise “significant questions about your judgment and commitment to operating FHFA in a responsible, competent, and lawful manner,” Senator scolds Fannie, Freddie regulator. Continue reading