Donald Trump
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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The chart that shows how U.S. companies are trying to beat Trump’s China trade war
In an aerial view, a container ship arrives at the Port of Oakland on August 1, 2025 in Oakland, California. Justin Sullivan | Getty Images The Trump administration’s latest escalation of the trade war with China has drawn several parallels to its origins back in 2018. However, there is a significant difference: the degree to […]
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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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French stocks slide as Paris government faces risk of collapse
European stock markets retreated on Tuesday morning, pulled down by French equities as traders monitored the potential for a no confidence vote in the government next month. France’s CAC 40 index plummeted more than 2% in early deals before paring losses to around 1.75%. The country’s three main opposition parties said they would not back a […]
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CNBC Daily Open: The White House might need a rebranding exercise in the corporate world
U.S. President Donald Trump looks on during the signing of executive orders in the Oval Office at the White House in Washington, D.C., on Aug. 25, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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CNBC Daily Open: U.S. wants equity in private businesses — staking its reputation
U.S. President Donald Trump wears a ‘Trump Was Right About Everything!’ hat, in the Oval Office at the White House in Washington, D.C., U.S., August 22, 2025. Jonathan Ernst | Reuters “State-owned enterprise” is a term you wouldn’t normally bandy about when mentioning the United States — especially not with the country’s Republican party, which […]
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Lutnick says update coming this week on Japan’s $550 billion U.S. investment
The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said. Simon2579 | Digitalvision Vectors | Getty Images The United States will make an announcement this week on Japan’s $550 billion investment in the U.S., Commerce Secretary Howard Lutnick said, as a top Japanese trade envoy was reportedly planning to visit Washington to […]
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