Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from officials for being slow to cut rates and splashing out $2.5 billion on ...

Sen. Chris Coons (D-Del.) defended Federal Reserve Gov. Lisa Cook and expressed concern about President Trump’s call for her resignation amid mortgage fraud allegations. “What makes me concerned ...

President Trump’s attack on yet another Black woman in public office gives away the game — if you were still harboring any doubt — about his corrupt use of mortgage fraud allegations to target ...

Federal Reserve Governor Lisa Cook said Wednesday she will not be pressured to resign over questions raised on social media, ...

Mortgage fraud allegations against another Fed governor, Lisa Cook, returned the focus to the Trump team’s push to re-mold the central bank.

Well, the Federal Reserve’s credibility just took another hit—and this time, it’s not about inflation, interest rates, or ...

A U.S. Justice Department official urged Federal Reserve Chair Jerome Powell to remove Lisa Cook from the Federal Reserve's ...

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...

Trump called on a Biden appointee on the Fed Board of Governors, the latest official targeted by the administration, to step down over mortgage fraud allegations.

On Wednesday, Trump called on Cook to resign after Federal Housing Finance Authority director William Pulte sent a "criminal referral" to Attorney General Pam Bondi, accusing Cook of mortgage fraud.

U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall ...