Why the Federal Reserve won't bend to 'THE TRUMP RULE' in 2026
The next Fed chair may be more receptive to the president's calls for rate cuts, but they'll have to convince other central bank policymakers to give up their independence
by Matt Carter Dec 24
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while she contests legality of removal order
by Matt Carter Sep 16
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
Trump's move to fire Cook likely violated her right to due process, and 'for cause' provision for removal is limited to behavior in office, judge rules in granting preliminary injunction
by Matt Carter Sep 10
Federal Reserve Governor Lisa Cook speaks with Fed Chair Jerome Powell at a June 25, 2025 open meeting at the Federal Reserve Board building in Washington, D.C.
Hundreds of economists say Trump's move to fire Cook 'threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions'
by Matt Carter Sep 2