Here’s what current and former Fed officials are saying about Lisa Cook investigation

Here’s what current and former Fed officials are saying about Lisa Cook investigation


Key Points
  • Current and former Federal Reserve officials have offered their thoughts about the Trump administration’s recent mortgage fraud allegations toward Fed Governor Lisa Cook.
  • Former Boston Fed President Eric Rosengren told CNBC on Friday that “until there’s some facts out, I don’t think people should draw any conclusion,” while others such as Cleveland Fed President Beth Hammack called Cook an “outstanding economist and a person of high integrity.”
  • President Donald Trump has said that he will fire Cook if she does not step down as Fed governor.



Source

Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more
Finance

Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more

Check out the companies making the biggest moves midday: Calix — The AI and cloud platform tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s second-quarter guidance underwhelemed investors. TE sees […]

Read More
Stocks making the biggest moves premarket: GE Vernova, Vertiv, Best Buy & more
Finance

Stocks making the biggest moves premarket: GE Vernova, Vertiv, Best Buy & more

Check out the companies making the biggest moves premarket: United Airlines — Shares rose more than 1.5% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of […]

Read More
Stocks making the biggest moves after hours: Adobe, United Airlines, Capital One and more
Finance

Stocks making the biggest moves after hours: Adobe, United Airlines, Capital One and more

Check out the companies making headlines after the bell : United Airlines — Shares rose about 1% even after the airline posted disappointing guidance for its current quarter and full year as rising fuel prices pressure its outlook. United expects 2026 adjusted earnings of between $7 and $11 per share, down from prior guidance of […]

Read More