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 after hours: Chipotle, Advanced Micro Devices, Amgen and more
Finance

Stocks making the biggest moves after hours: Chipotle, Advanced Micro Devices, Amgen and more

Check out the companies making headlines in after-hours trading. Chipotle — Shares of Chipotle tumbled 6% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter […]

Read More
Bitcoin breaks below ,000 to lowest since November 2024 as heavy selling resumes
Finance

Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes

Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source

Read More