President Trump has said he would fire Fed Governor Lisa Cook for alleged mortgage fraud. The announcement comes as the president seeks to ramp up his pressure on the US central bank to cut interest rates https://t.co/uHB22YmAs5 ...

Federal Reserve Independence & Political Interference - The core issue revolves around the independence of the Federal Reserve from political interference, particularly from the executive branch [2][7][13][26] - Concerns are raised that attempts to undermine the Fed's independence could weaken the American economy, potentially leading to increased costs and uncertainty for Americans [26][27] - The legality of President Trump's attempt to remove Lisa Cook is questioned, given the Federal Reserve Act of 1913 and the requirement for "cause" for dismissal [12][24] Lisa Cook's Situation - Donald Trump reportedly attempted to fire Lisa Cook, the first black woman on the Federal Reserve Board [1] - Lisa Cook's qualifications for the role are highlighted, noting her extensive experience and confirmation by the Senate for a 14-year term extending to 2038 [4][5][6] - The allegations against Lisa Cook are described as "baseless" and lacking due process, with concerns raised about the lack of investigation or legal basis for the action [1][17][18][20][22][23] Legal & Constitutional Aspects - The Supreme Court case Trump versus Will Cox established the Federal Reserve as a quasi-private entity, independent from presidential whims [7][9] - The president's firing power is limited, requiring "cause" which is defined as proof of breaking the law or gross misconduct, not merely a tweet [10][24][25] - The action is viewed as a potential breach of legal and constitutional norms, with comparisons drawn to authoritarianism [26]

So, we got some breaking news just as we are coming on the air tonight. President Trump is purporting to have fired a member of the board of governors of the Federal Reserve. Her name is Lisa Cook. She's been a Fed governor since 2022. She is the first black woman to serve on the Fed board and its 111-year history. And in that entire 111 year history, no member of the Fed's board has ever been fired by any president. And that's not because presidents haven't wanted to do it. It's because a president is not ...

Market Trend & Interest Rate - The market anticipates a 25 basis point (0.25%) interest rate cut in September, guided by Jerome Powell [1] - The expectation of rate cuts in September is likely to drive the market higher due to the influx of cheap capital [3] Historical Data Analysis - Historically, a 9-month gap between policy moves has been bullish for stocks [2] - The S&P 500 has risen 10 out of 11 times when the Fed takes between 5 to 12 months between cuts [2] Investment Implications - Potential for a strong end to the year for investment portfolios if rate cuts occur as guided [3] - Stocks and Bitcoin reacted positively to the news of potential rate cuts [1]

Federal Reserve Chair Jerome Powell sent his strongest signal yet on Friday that the central bank is likely to lower interest rates next month. In a closely watched speech in Jackson Hole, Wyoming, Powell cited sweeping changes in tax, trade, and immigration policies, noting that the shifting balance of risks may warrant adjusting the Fed's current policy stance. Stocks surged on Friday following those remarks.The Fed's next meeting is in midepptember. Joining us now, senior economics reporter for Axios, Co ...

COMMENT: The trigger was Jerome Powell’s Jackson Hole speech, where he signaled the Federal Reserve might cut interest rates next month.BSCN (@BSCNews):ETHEREUM HITS NEW ALL-TIME HIGH — HERE’S WHY- Ethereum $ETH surged past its previous record of $4,867, setting a new high of $4,946 on August 24, 2025.- The catalyst came from Jerome Powell’s Jackson Hole speech, where he hinted the Federal Reserve could cut interest rates https://t.co/nBFzRKB19A ...

🚨 BREAKING:Fed sends mixed signals heading into Q4 📊Powell’s Jackson Hole remarks raise fresh debates on inflation, interest rates—and the long-term path for #crypto beyond 2025. ...

European Central Bank President Christine Lagarde arguing that economies risk becoming dysfunctional if governments get involved in setting interest rates https://t.co/SQk820LNR9 ...

Investment Strategy - Suggests a hedge bet on Myriad, wagering on "No Change" in interest rates in September with 6-1 odds [1] - A rate cut is anticipated to increase the value of coins [1] - If interest rates remain unchanged, the 6-1 bet is expected to pay out [1]

Monetary Policy Outlook - The Federal Reserve is considering a potential interest rate cut at its next meeting in September [1] - Weakness in the labor market is a key factor influencing the Fed's decision-making process [1] - Inflation impacts from tariffs are visible but potentially short-lived [1] - Conflicting economic signals and a potential slowdown in the labor market may warrant interest rate adjustments [2] - Fed officials are divided on the timing and magnitude of interest rate cuts [2] Political Influence on the Federal Reserve - President Trump suggested he would fire Fed Governor Lisa Cook if she didn't resign [2] - The administration accused Lisa Cook of mortgage fraud, which is under investigation by the DOJ [3] - If Cook leaves, Trump could appoint a replacement, potentially shifting the balance of Republican appointees to four out of seven members [3]