Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over unproven mortgage allegations. Continue reading
Trump’s move to fire Cook likely violated her right to due process, and “for cause” provision for removal is limited to governor’s behavior in office, judge rules in granting preliminary injunction. Continue reading
Cook’s attorneys say she did not commit mortgage fraud, and is being targeted by the Trump administration to undermine the Federal Reserve’s independence. 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