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

Finance

Chinese stocks slide as Trump threatens tariffs, accuses Beijing of holding world ‘captive’

October 10, 2025

In this article PDD 9618-HK BIDU 9988-HK Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each […]

Finance

Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October

October 10, 2025

ETF Edge Why Wall Street’s old ‘wall of worry’ and new ‘debasement’ trade are boosting gold, bitcoin in typically volatile October Published Fri, Oct 10 202512:02 PM EDTUpdated 2 Min Ago Krysta Escobar Jill Schneider WATCH LIVE Source

Finance

Morgan Stanley drops restrictions on which wealth clients can own crypto funds

October 10, 2025

Key Points Morgan Stanley on Friday told its financial advisors that the firm was broadening access to crypto investments to all clients and allowing such investments in any type of account, including retirement accounts, CNBC has learned. Starting Oct. 15, advisors will be able to pitch crypto funds to any client. Previously, the option was […]