A federal appeals court ruled 2-1 on Monday that President Trump cannot remove Federal Reserve Governor Lisa Cook, marking his second legal setback in the effort.
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A federal judge ruled that Federal Reserve Governor Lisa Cook can remain in her post for now, granting a preliminary injunction.
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J.P. Morgan has expressed concern over President Donald Trump’s abrupt dismissal of Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer, warning it could have serious implications for monetary policy, financial stability, and the broader economic outlook.
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President Donald Trump’s decision to fire Bureau of Labor Statistics (BLS) Commissioner Erika McEntarfer following a weak jobs report has drawn sharp criticism from economists and former officials, who warn it sets a “dangerous precedent.”
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President Donald Trump continued to lash out at Federal Reserve Chair Jerome Powell on Friday for not cutting interest rates, calling him a “stubborn MORON” and urging the Fed board to “assume control” if Powell doesn’t act.
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NOT YOUR TEXTBOOK TARIFF: BOSTIC SEES LASTING INFLATION RISKS FROM TRADE SHIFTS
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Procter & Gamble announced it will raise U.S. prices starting next month after estimating tariffs will cover 25% of all products and add about $1 billion in pre-tax costs for fiscal 2026.
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The legislation passed narrowly in both chambers, with Vice President JD Vance casting the tie-breaking Senate vote.
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Trump's 'Big Beautiful' Bill May Raise Deficit by $3.8T, Cut Health Coverage, Slash Clean Energy Aid
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Trump Signals EU Tariffs, Pauses Duties on Mexico and Canada
Video: youtube.com/shorts/Es8BE...
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Trump Imposes Tariffs; Canada, Mexico, and China Retaliate
Video: youtube.com/shorts/7JKiN...
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