Trump says he's fired Federal Reserve board member Lisa Cook
President Trump said Monday he has fired Lisa Cook from the Federal Reserve’s Board of Governors — a dramatic move after months of public attacks against the central bank.
The president announced Cook’s removal from the Fed board in a letter posted to Truth Social that accused Cook of making false statements on mortgage documents,
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Read MoreTrump says he's removing Federal Reserve Gov. Lisa Cook, citing his administration’s allegations of mortgage fraud
President Donald Trump is removing Federal Reserve Governor Lisa Cook effective immediately, according to a letter he posted to Truth Social on Monday night.
In the letter, Trump writes: “Pursuant to my authority under Article II of the Constitution of the United States and the Federal Reserve Act of 1913,
Read MoreTrump orders removal of Federal Reserve governor Lisa Cook
US President Donald Trump said on Monday he would immediately remove Federal Reserve governor Lisa Cook from her position on the central bank’s board of directors.
In an announcement made on his social media platform Truth Social, Trump posted a letter addressed to Cook in which he informed her of his decision and accused her of making “deceitful and potentially criminal”
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Read MoreTrump removes Federal Reserve Governor Lisa Cook from office, citing fraud allegations
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Allianz chief economic advisor Mohamed El-Erian discusses Jerome Powell’s speech at Jackson Hole and why he believes there needs to be change at the Federal Reserve on ‘Kudlow.’
President Donald Trump ousted Federal Reserve Governor Lisa Cook on Monday, alleging she lied on mortgage forms by declaring two primary residences.
Read MoreChainlink Gains Momentum as ETF Buzz Heats Up
The cryptocurrency market is entering another phase of evolution as traditional finance takes a closer look at digital asset exchange-traded funds (ETFs). While Bitcoin and Ethereum dominate headlines, attention is slowly shifting toward other projects with strong fundamentals. Among them, Chainlink has emerged as a leading candidate for broader institutional focus due to its unique role in blockchain infrastructure.
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Read MoreThe Burst
1 Popular Stock To Flee Immediately
Airbnb has been on a tear since 2020 when it reported losses of $3 billion in a single quarter. Lockdowns sparked concerns that the company would not survive a world without travel but soon hope emerged that life would return to normal and the financials soon followed.
A full U-turn followed with the company growing the top and bottom lines at a rapid pace.
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Read MoreThe Ivy
1 Billion Reasons To Buy Buffett’s #1 Stock
While Buffett’s massive cash pile of nearly $300 billion on the books at Berkshire Hathaway has been making waves, what few are paying attention to is how much he’s actually earning on that money every day, week or month.
It turns out Buffett is raking in just shy of a cool billion dollars each and every month just from interest earnings on his war chest.
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Read MoreThe Spotlight
