Trump administration moves ahead with efforts to fire Federal Reserve governor Lisa Cook

Bloomberg

Aug 08

WASHINGTON — The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2657621207"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2657621207\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2657621207?lang=en_US&edition=fundamental","thumbnail":"https://www.bnnbloomberg.ca/resizer/v2/YGR6VPDONOUNDZRAAQOQOPV7HU.jpg?smart=true&auth=56a2cececa27f33a84c034a8f60e6d5484b351bd76991202ad66226d8bcf51c7&width=800&height=450","is_english":true,"pubTime":"2026-08-08 06:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657621207","market":"us","top_or_hot":-1,"title":"Trump administration moves ahead with efforts to fire Federal Reserve governor Lisa Cook","media":"Bloomberg","content":"<div>\n<p>WASHINGTON — The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/politics/2026/08/07/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook/\">Source Link</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump administration moves ahead with efforts to fire Federal Reserve governor Lisa Cook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump administration moves ahead with efforts to fire Federal Reserve governor Lisa Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-08 06:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/politics/2026/08/07/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON — The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/politics/2026/08/07/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IALT","symbol_name":"iShares Systematic Alternatives Active ETF","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/politics/2026/08/07/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook/","article_id":"2657621207","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/YGR6VPDONOUNDZRAAQOQOPV7HU.jpg?smart=true&auth=56a2cececa27f33a84c034a8f60e6d5484b351bd76991202ad66226d8bcf51c7&width=800&height=450"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/politics/2026/08/07/trump-administration-moves-ahead-with-efforts-to-fire-federal-reserve-governor-lisa-cook/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2657621207","pubTimestamp":1786142280,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job amid mortgage fraud allegations that she has denied.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"IALT":"iShares Systematic Alternatives Active ETF","MYCI":"SPDR SSGA My2029 Corporate Bond ETF","SOVF":"Sovereigns Capital Flourish Fund","ZSEP":"Innovator Equity Defined Protection ETF1 Yr September","RSBA":"Return Stacked Bonds & Merger Arbitrage ETF","BGH":"巴克艾Gp控股","PSQ":"做空纳斯达克100指数ETF-ProShares","EQIN":"COLUMBIA U.S. EQUITY INCOME ETF","KOOL":"NORTH SHORE EQUITY ROTATION ETF","CGDV":"Capital Group Dividend Value ETF","MFMO":"Motley Fool Momentum Factor ETF","DADS":"Digital Asset Debt Strategy ETF","APOC":"Innovator Equity Defined Protection ETF - 6 Mo Apr/Oct","QLDY":"Defiance Nasdaq 100 LightningSpread Income ETF","SCLZ":"Swan Enhanced Dividend Income ETF","JADB":"Aptus January Deep Buffer ETF","PBQQ":"PGIM Laddered Nasdaq-100 Buffer 12 ETF","EMPB":"Efficient Market Portfolio Plus ETF","CDIG":"City Different Investments Global Equity ETF","RJZ":"ELEMENTS Linked to the Rogers International Commodity Index - Metals Total Return","BINT":"Bluemonte Global Equity ETF","RGLO":"Global Equity Active ETF","DVUT":"WEBs Defined Volatility XLU ETF","SLTY":"YieldMaxUltra Short Option Income Strategy ETF","ARKD":"ARK DIET Q1 Buffer ETF","PEMX":"PUTNAM EMERGING MARKETS EX-CHINA ETF","BUFH":"FT Vest Laddered Max Buffer ETF","CAOS":"ALPHA ARCHITECT TAIL RISK ETF","FDLO":"Fidelity Low Volatility Factor ETF","VEXC":"Vanguard Emerging Markets Ex-China ETF","LALT":"FIRST TRUST MULTI-STRATEGY ALTERNATIVE ETF","LVLN":"State Street SPDR S&P Leveraged Loan ETF","RULE":"Adaptive Core ETF","JULD":"Premium Income 10 Barrier ETF","FT":"富兰克林通用信托","FARX":"Frontier Asset Absolute Return ETF","BAMO":"Brookstone Opportunities ETF","EQRR":"ProShares Equities for Rising Rates ETF","HF":"绝对收益主动型ETF-DGA","CPNM":"Calamos Nasdaq-100Structured Alt Protection ETF - March","AAUB":"Alpha Architect US Equity 4 ETF","OCTM":"FT Vest U.S. Equity Max Buffer ETF - October"},"translate_title":"特朗普执政继续努力解雇美联储理事丽莎·库克","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US3Y.BOND":1.5,"SLTY":1.5,"JADB":1.5,"US10Y.BOND":1.5,"US5Y.BOND":1.5,"CPNM":1.5,"BUFH":1.5,"IALT":1.5,"PEMX":1.5,"PSQ":1.5,"JULD":1.5,"EQIN":1.5,"BAMO":1.5,"SOVF":1.5,"US2Y.BOND":1.5,"US30Y.BOND":1.5,"FDLO":1.5,"RGLO":1.5,"US7Y.BOND":1.5,"FARX":1.5,"EQRR":1.5,"RJZ":1.5,"PBQQ":1.5,"LALT":1.5,"DADS":1.5,"HF":1.5,"VEXC":1.5,"KOOL":1.5,"RSBA":1.5,"OCTM":1.5,"FT":1.5,"BINT":1.5,"LVLN":1.5,"SCLZ":1.5,"ARKD":1.5,"DVUT":1.5,"APOC":1.5,"ZSEP":1.5,"AAUB":1.5,"CAOS":1.5,"QLDY":1.5,"US6M.BOND":1.5,"RULE":1.5,"US12M.BOND":1.5,"MFMO":1.5,"CGDV":1.5,"EMPB":1.5,"CDIG":1.5,"BGH":1.5,"MYCI":1.5},"content_text":"WASHINGTON — The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president’s effort to terminate her over mortgage fraud allegations that she has denied.The justices in a 5-4 decision in June said Cook, who was nominated to the Fed’s Board of Governors by then-president Joe Biden, could remain in her post at least as long as her lawsuit challenging her firing goes on. The Trump administration is appealing a lower-court ruling in Cook’s favour.Supreme Court Chief Justice John Roberts wrote in a footnote in his opinion that nothing forbids President Donald Trump from “trying again” to fire Cook provided she is given proper notice and a chance to contest it. Trump indicated after the opinion that he would do just that, vowing to “take appropriate action immediately.”In a letter this week obtained by The Associated Press, White House aide Dan Scavino told Cook that Trump was “considering removing you from your position” but cited the Supreme Court’s requirement of proper notice in giving her until Aug 26. to challenge it.The attempt to fire Cook is rooted in a criminal referral made last August by Bill Pulte, the director of the Federal Housing Finance Agency, that accused her of committing mortgage fraud by declaring two different homes – one in Ann Arbor, Mich., and one in Atlanta – as “primary residence.’’ Homebuyers can get lower mortgage rates or smaller down payments on their primary homes compared to second or vacation homes. Cook has aggressively defended herself against the allegations, saying the president had attempted to oust her “on a manufactured pretext because I refused to bow to political pressure and continued to set interest rates based only on what would best serve the American people.’’Her lawyer, Abbe Lowell, argued in a November letter that Cook has mostly lived in the Ann Arbor property since first purchasing it in 2005. As a result, it was accurate for her to refer to it as her “primary residence” in a June 2021 application to refinance its mortgage, the letter said.A month later, she purchased a condominium in Atlanta and, in a July 2021 document, also referred to it as her “primary residence.” Lowell said that it was an “isolated notation” that did not reflect an intent to defraud. An earlier mortgage application to the same lender in May 2021 had referred to the Atlanta condo as a “vacation home,” Lowell said. Cook also referred to it as a second home in federal filings during her confirmation process to become a Fed governor.The latest White House letter largely rehashes the year-old allegations.“These allegations are as baseless now as they were a year ago when President Trump tried to remove Governor Cook and interfere with the independence of the Federal Reserve,” Lowell said in a statement. “No matter what President Trump tries to do next, this much is clear under the facts and Supreme Court precedent — there is no valid cause for removing Governor Cook. As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed,” he added.Eric Tucker And Paul Wiseman, The Associated PressRelated StoriesU.S. Supreme Court lets Lisa Cook remain for now, despite Trump’s effort to get her removedOpens in new window","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}