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Trump gets SC setback, court refuses to greenlight central bank guv's sacking

Updated on Oct 1, 2025 16:01 IST

The US Supreme Court has barred President Donald Trump from immediately firing Federal Reserve Governor Lisa Cook and said it would hear the case regarding her dismissal early next year.

Upholding the autonomy and accountability of RBI

Regulatory independence is a means, not an end. Legitimacy comes when decisions command the confidence of citizens and investors. (HT Archive)

Updated on Sep 23, 2025 15:42 IST

Dovish in the dark, Fed promises more cuts

The Fed’s action should be seen as a leap of faith in the dovish direction even though there are considerable economic unknowns as far as the macroeconomy is concerned. (Bloomberg)

Updated on Sep 18, 2025 15:19 IST

Miran may not be at Fed's rate-setting table next week, lawmakers say

Miran may not be at Fed's rate-setting table next week, lawmakers say

Published on Sep 9, 2025 20:06 IST

Kevin Hassett, Christopher Waller and Kevin Warsh: Trump's list for Fed Chairman

US President Donald Trump has named three contenders to replace Federal Reserve Chair Jerome Powell.

Published on Sep 7, 2025 06:43 IST

Lisa Cook, the Fed governor Donald Trump is trying to sack

Lisa Cook

Published on Aug 31, 2025 01:30 IST

Trump firing Lisa Cooks to cause ‘irreparable harm’ to US economy, says lawsuit

Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City's 2025 Jackson Hole economic symposium

Published on Aug 29, 2025 03:38 IST

Lisa Cook sues Trump over his attempt to fire her, court hearing set for Friday

Appointed a Fed governor in 2022 by Joe Biden, Lisa Cook is the first Black woman to serve in the position.

Published on Aug 28, 2025 23:25 IST

Five Reasons the Market Doesn’t Care About Trump Firing Lisa Cook

Investors appear to be taking the firing of Lisa Cook in their stride.

Published on Aug 28, 2025 13:00 IST

Get Ready for the End of Fed Independence

President Trump and Jerome Powell in 2017.

Updated on Aug 27, 2025 11:55 IST

Trump’s Fed Aggression Poses New Test on Limits of Presidential Power

Federal Reserve governor Lisa Cook says she won’t resign from the central bank.

Published on Aug 27, 2025 11:25 IST

Lisa Cook is latest target for Bill Pulte, Trump's housing regulator

Bill Pulte, 37, is a housing industry scion whose official job is director of the Federal Housing Finance Agency

Updated on Aug 26, 2025 22:42 IST

Trump’s crusade against the Federal Reserve will be self-defeating

A specialist trader works on the floor at the New York Stock Exchange as a screen shows Federal Reserve Chairman Jerome Powell speaking during the Jackson Hole conference, in New York City, U.S., August 22,

Published on Aug 26, 2025 11:40 IST

How a Historic Immigration Drop Is Changing the Job Market

A strawberry field in Oxnard, Calif., last month.

Updated on Aug 25, 2025 11:18 IST

Rising Risk for the U.S. Economy: A Job Market That Is Just ‘Meh’

The pace of hiring has dropped.

Published on Aug 25, 2025 04:30 IST

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position

Jerome Powell walks with fellow central-bank chiefs at the Fed’s annual gathering in Jackson Hole, Wyo.

Published on Aug 23, 2025 21:30 IST

Trump warns Fed's Reserve Governor Lisa Cook; 'I'll fire her if she doesn't…'

FILE PHOTO: Federal Reserve Governor Lisa D. Cook speaks at the Economic Club of New York in New York City, U.S., June 25, 2024. REUTERS/Shannon Stapleton/File Photo

Updated on Aug 22, 2025 15:17 IST

Donald Trump says he will name new Federal Reserve chair 'a little bit earlier'

President Donald Trump

Updated on Aug 13, 2025 16:40 IST

Donald Trump picks Stephen Miran as the Federal Reserve board nominee

US President Donald Trump on August 7, 2025, named Stephen Miran, the leader of his White House economic panel, to fill a recently vacated seat on the Federal Reserve board,

Published on Aug 7, 2025 20:21 IST

Gold gains extend amid US economic slowdown fears and rate cut bets

The precious metal has been range-bound over the past few months, lacking new catalysts to surge past its record high

Published on Aug 6, 2025 02:26 IST

Is US headed for recession? July job report sparks concern as unemployment rises

The data on the US job market comes amid President Donald Trump's tariffs on imports and crackdown on immigrants,

Published on Aug 1, 2025 16:59 IST

Fed rates unchanged: Here's how stock market reacted to Powell's announcement

Federal Reserve Chairman Jerome Powell listens as President Donald Trump visits the Federal Reserve

Published on Jul 30, 2025 18:24 IST

Trump targets Fed chair Powell amid $2.5 billion renovation controversy| Details

If the president proceeded, Powell would have to be notified of the charges and be allowed to contest them.

Published on Jul 18, 2025 04:05 IST

Trump's ‘crypto week’ in limbo amid House Republican impasse

US President Donald Trump speaks during a bill signing ceremony in the East Room of the White House in Washington, DC, US, on Wednesday, July 16, 2025.

Updated on Jul 17, 2025 02:39 IST

Donald Trump 'highly unlikely' to fire Federal Reserve's Jerome Powell

Donald Trump made his comment about being “highly unlikely” to dismiss Powell — ”unless he has to leave for fraud”.

Published on Jul 16, 2025 19:46 IST

Trump says Federal Reserve should lower interest rates to less than 1%

A 1% Fed policy rate has not been uncommon in the last quarter of a century, but is no sign of good times, coinciding with joblessness of 6% or higher.

Published on Jul 14, 2025 18:24 IST

Silver prices in US today: Spot rises 0.7% to $36.84 per ounce

Silver prices in US today: Earlier, Spot silver was for $36 per ounce, today it is $36.84 per ounce

Published on Jul 4, 2025 13:13 IST

Mortgage rates: Slight dip as 30-year hits 6.68%, jumbo at 6.80%

The average rate for a 30-year fixed jumbo mortgage is 6.80%, down by 0.02%.

Published on Jul 4, 2025 13:03 IST

Gold price today in US: Drops 1% to $3,328.63 as rate cut hopes fade

Gold price today in US: The US dollar and stock index futures went up after new jobs data came out.

Updated on Jul 4, 2025 10:40 IST

Gold price today in US: $3,352 steady ahead of June 2025 jobs report

Gold often does well when interest rates are low and during times of economic or political uncertainty.

Published on Jul 3, 2025 12:30 IST

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