Citadel CEO Ken Griffin has a blunt message for President Donald Trump: Stop messing with the Federal Reserve. Griffin's warning was relayed in a Wall Street Journal op-ed published on Sunday afternoon. It follows a caustic, summer-long campaign from Trump to press the Fed to lower interest rates. He's railed against the central bank for keeping interest rates steady, arguing it's put a fence on economic growth. The Citadel chief executive said Trump's efforts threaten to severely backfire on him, causin ...

We start with the continuing battle over the Federal Reserve, as President Trump insists that Governor Lisa Cook must go and Ms. . Cook refuses to leave, even as the president's nominee to replace another governor heads toward Senate confirmation. Our special contributor Larry Summers has consistently expressed his concerns about Fed independence, but so far, the markets have been calm.So, Larry, continued focus on the Federal Reserve as the proceedings with respect to Governor Cook-- Lisa Cook--as Presiden ...

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As we monitor this RFK hearing, we also are monitoring another hearing that's happening in Washington today. That is President Trump's nominee for Federal Reserve Governor Steven Myin, his CEA chair testifying before Senate Banking. Our Steve Leeman has been monitoring that one and has some of the highlights.Steve. >> Yeah, Sarah. This one is about as interesting.Fed Governor nominee Steven Myron getting a grilling from ranking member Elizabeth Warren who in questioning tried to establish Myron's independen ...

You know, the independence of the Fed is critical for everything we do. And uh, you know, there are things that are going on that make people worried, but I still believe that we have a independent Fed. People that are appointed will behave that way and act in a political fashion.So, I think no matter what the Fed will maintain its independence. >> Um, you are one of the people who has been named as a potential candidate for uh, Federal Reserve Chair. Have you met with Treasury Secretary Scott Besson.>> I I ...

Chimoth, well, start with you from the market's perspective. The Fed's supposed to be independent. So, do you have concerns about it being independent and then does this feel like lawfare or tickytacky or they're weaponizing the Justice Department to you to, you know, get what they want, which is rate cuts faster and more of them.>> I think that the Fed is no different than any other appointee to a part of the government, which is that they are partisan. Meaning, if I said to you, is the Supreme Court viewe ...

LISA COOK'S HEARING ENDS WITH NO RULING. A JUDGE IN WASHINGTON GIVES LEGAL TEAMS ON BOTH SIDES MORE TIME TO MAKE THEIR CASE OVER PRESIDENT TRUMP'S EFFORT TO FIRE THE FEDERAL RESERVE GOVERNOR. WE WILL BRING YOU TO THE COURTHOUSE IN WASHINGTON FOR A LIVE REPORT FROM TYLER KENDALL WHERE THINGS JUST WRAPPED UP WITH INSIGHTS FROM MICHAEL AND NATASHA SERIN FROM THE YALE BUDGET LAB.OUR PANEL IS IN PLACE. JEANNE SHEEHAN ZAINO AND RICK DAVIS ARE WITH US. WE START ON WALL STREET.CHARLIE PELLETT HAS THE LATEST ON THE ...

NBC News justice reporter Ryan Riley is following this morning's court hearing. Also with us, chief economic correspondent for Axios, Neil Irwin, and former federal prosecutor Ankush Kadori. So Ryan, the hearing is underway.Have there been any developments yet. It is our our colleague Julia Jester uh is in the courthouse now reporting back and what the judge is essentially saying Judge Cobb is laying out you know the importance of uh this case and sort of laying out a schedule for how this uh will proceed. ...

Lisa Cook, a member of the Federal Reserve Board, filed suit against President Trump, the Federal Reserve itself, and the Fed chairman Jerome Powell, alleging that Trump's purported firing of Lisa Cook was illegal. This is 2 days after President Trump went to social media to fire Lisa Cook, uh alleging that she had filed a fraudulent mortgage application and that was sufficient cause to remove her uh before the expiration of her 14-year term. The president has the authority to fire those who are not aligned ...

She is former Bridgewwater chief investment strategist. She is now a senior fellow at the Council on Foreign Relations. Rebecca, there's so many angles that this is fast money. We're trying to bring it back to the investor. And what if anything to Dan's point, maybe this doesn't mean squat. What's your take? There's so many things that have to line up before the Fed actually loses its independence that that the Federal Reserve has a majority of Trump appointees or Trump friendly uh policy makers who cut rat ...