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fromFortune
2 days ago
US politics

Investors are salivating over rate cuts as Trump's firing of Lisa Cook opens the door for a GOP Fed majority: 'This is very positive'

US politics
fromenglish.elpais.com
2 days ago

Trump tightens his grip on the Fed by removing a Biden-appointed governor

A presidential attempt to remove Federal Reserve Governor Lisa Cook raises legal doubts and threatens Fed independence and market stability.
US news
fromwww.npr.org
3 days ago

Trump seeks to fire Fed governor Lisa Cook

President Trump moved to fire Federal Reserve governor Lisa Cook, citing alleged mortgage-application deceit and seeking to increase control over the Fed’s board and policy direction.
fromFortune
2 days ago
US politics

Investors are salivating over rate cuts as Trump's firing of Lisa Cook opens the door for a GOP Fed majority: 'This is very positive'

fromLondon Business News | Londonlovesbusiness.com
1 day ago

Dollar steadies, Fed independence concerns persist - London Business News | Londonlovesbusiness.com

President Donald Trump's attempt to dismiss Fed Governor Lisa Cook over fraud allegations has intensified concerns about the central bank's independence. Markets view the episode as part of a broader effort by Trump to increase influence over monetary policy, which could undermine confidence in the dollar. Cook's removal could pave the way for more dovish appointments, accelerating the prospect of rate cuts.
US politics
from24/7 Wall St.
2 days ago

Nasdaq Composite Live: All Eyes are on Nvidia Earnings

Nvidia reports earnings after the bell tomorrow while markets slip following President Trump's removal of Fed Governor Lisa Cook; AMD was upgraded to buy.
fromFortune
2 days ago

Global selloff in the markets: Investors got a look at a world where the dollar isn't a reliable reserve currency and decided they didn't like it

Political moves to remove a Fed governor and threaten China tariffs triggered global market and bond selloffs, raising fears about Fed independence and the dollar.
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