Monetary Policy

Lawmakers ask FHFA watchdog to review Pulte’s DOJ referral of Fed governor
Luke Baynes
24 U.S. representatives question if the housing agency’s OIG was consulted prior to Lisa Cook’s criminal referral
Latest Updates

Trump moves to fire Fed’s Cook, furthering fight with central bank
The Federal Reserve governor responds that she ‘will not resign,’ saying Trump has ‘no cause’ to fire her

Trump says he’ll fire Fed’s Cook if she doesn’t resign amid mortgage fraud allegations
The DOJ has signaled it may investigate Fed Governor Lisa Cook’s real estate transactions

Powell signals a Fed rate cut may be coming during Jackson Hole speech
The Fed chair’s keynote address warned that ‘downside risks to employment are rising’