Breaking News: Politics
Fed responds to Trump effort to fire Lisa Cook
Lisa Cook, governor of the US Federal Reserve, arrives for the morning session of the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Saturday, Aug. 23, 2025. David Paul Morris | Bloomberg | Getty Images The Federal Reserve on Tuesday said it would abide by any court decision on […]
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Trump says he’ll have a Fed ‘majority’ soon to push rates lower after firing Cook
U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025. Jonathan Ernst | Reuters President Donald Trump said Tuesday he will soon have a “majority” of his own nominees on the Federal Reserve board of governors who will back his desire to slash interest rates. […]
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Taylor Swift is engaged to NFL star Travis Kelce
Pop superstar Taylor Swift is engaged to NFL star Travis Kelce, according to Instagram posts on their official accounts on Tuesday. The couple has dated for the past two years. “Your English teacher and your gym teacher are getting married,” the Instagram post caption said. Kelce has won three Super Bowl rings as a tight […]
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Trump says ‘Cracker Barrel should go back to the old logo’
A Cracker Barrel sign featuring the old logo hangs on the outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images President Donald Trump weighed in Tuesday on the controversial rebranding of Cracker Barrel Old Country Store, writing that, “Cracker Barrel should go back to the old logo, admit […]
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Trump’s Cook firing will likely end up in the Supreme Court’s hands
Key Points President Donald Trump’s attempt to fire Fed Governor Lisa Cook will likely end up before the Supreme Court, Wall Street economists and analysts say. The Federal Reserve Act allows presidents to remove Fed governors “for cause,” but the statute is ambiguous about what this means. If Trump successfully ousts Cook, he would be […]
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Fed mum on whether Lisa Cook is at the office after Trump removed her from board
The Board of Governors of the Federal Reserve System building in Washington D.C. on Aug. 26, 2025. Erin Doherty | CNBC The Federal Reserve was mum on Tuesday when asked whether Fed Board Governor Lisa Cook was at her office — or working remotely — a day after President Donald Trump said he had fired […]
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Lisa Cook will sue over Trump firing from Fed board, her lawyer says
Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Board Governor Lisa Cook will file a lawsuit challenging her removal by President Donald Trump, her attorney said Tuesday. “President Trump has no authority […]
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Lutnick suggests Lisa Cook’s refusal to accept Trump firing from Fed supports fraud claim
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, DC, US, on Tuesday, July 22, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick suggested Tuesday that Federal Reserve Board Governor Lisa Cook’s refusal to willingly leave […]
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Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick
Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel […]
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MAHA loves dietary supplements. But that hasn’t led to gains in Washington — yet.
An avid consumer of dietary supplements, Health and Human Services Secretary Robert F. Kennedy Jr. has surrounded himself in part with senior staff members, advisers and health influencers who have promoted everything from weight loss pills to capsules of desiccated organ meat. But that hasn’t led to gains in Washington for the multibillion-dollar industry — yet. […]
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