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August 28, 2025

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Federal Reserve

First Thing: UN demands justice over Israel’s double bombing of Gaza hospital

Human rights office says attack, which killed 20 people, raises questions about the targeting of journalists. Plus, painting looted by Nazis spotted in Argentina Good morning.The UN has demanded that Israel’s investigations into unlawful killings in Ga…

August 27, 2025
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Trump is out to end the Fed’s autonomy. Here’s how he’s trying to get his way

A condo is at the heart of extraordinary battle over the future of the Federal Reserve – and its independenceWhen Donald Trump stepped up his campaign to influence the US Federal Reserve, he traveled less than a mile from the White House, to tour the c…

August 26, 2025
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Trump officials puts Fema staffers on leave for signing open letter criticizing administration – as it happened

This live coverage has ended. You can find all of the latest US politics stories hereLev Menand, a law professor at Columbia law school, said Donald Trump’s attempt to fire Federal Reserve chief Lisa Cook is a “procedurally invalid removal under the st…

August 26, 2025
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What Trump’s move to fire Fed governor means for central bank’s independence

The US president has said he is firing Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more controlTrump says he is firing Lisa Cook over mortgage fraud claimsDonald Trump has said he is firing Lisa Cook, a Federal R…

August 26, 2025
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Donald Trump moves to fire Fed governor Lisa Cook

Departure of Cook, first Black woman to sit on central bank’s board, would allow US president to put forward a replacementDonald Trump has said he is firing the Federal Reserve governor, Lisa Cook, over allegations she committed mortgage fraud, in an e…

August 26, 2025
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Federal Reserve set to cut interest rates – but still Trump won’t be happy

President has pressured Jay Powell to slash rates but central bank is trying to find right balance amid tariff tailspinStocks soared on Friday following the strongest signal yet that US the Federal Reserve is gearing up to start cutting interest rates …

August 22, 2025
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Fed chair Jerome Powell signals interest rate cuts amid Trump attacks

Powell – whom Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell, has signaled, as he warned that Donald Trump’s…

August 22, 2025
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Trump officials urge Fed to remove governor after she refuses to quit

Federal Reserve governor Lisa Cook is latest figure targeted by Trump administration over claims of mortgage fraudThe Trump administration is ratcheting up pressure on the Federal Reserve to remove governor Lisa Cook, after the economist declared she h…

August 21, 2025
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Fed governor urged by Trump to resign will not be ‘bullied’ into stepping down

Lisa Cook, first Black woman to sit on Fed board, responds after allegation by ally of president of mortgage fraudUS politics live – latest updatesDonald Trump has called on a Federal Reserve governor to immediately resign, renewing his extraordinary a…

August 20, 2025
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Trump names chair of White House economic council as Federal Reserve governor

If approved by the Senate, Stephen Miran will fill seat vacated by Adriana Kugler, a Biden appointeeDonald Trump said Thursday he will nominate a top economic adviser to the Federal Reserve’s board of governors for four months, temporarily filling a va…

August 8, 2025
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