The action could cause investors to question the independence of the U.S. central bank and face legal obstacles.

President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, a sharp escalation in his battle to exert ...

US President Donald Trump said on Monday he would immediately remove Federal Reserve governor Lisa Cook from her position on ...

The dollar and U.S. Treasuries slid in Asian trading on Tuesday after President Donald Trump announced he was removing a ...

Dogecoin (CRYPTO: DOGE) is falling on Monday, down 10.6% in the last 24 hours as of 5:47 p.m. ET. The drop comes as the S&P ...

The move is a sharp escalation in his battle to exert greater control over what has long been considered an institution ...

President Donald Trump posted a letter to Truth Social that said he removed a key official at the Federal Reserve, Governor ...

Donald Trump has fired Federal Reserve Governor Lisa Cook over mortgage fraud allegations, intensifying his bid to reshape ...

Measured against a basket of six major currencies, the dollar has weakened by more than 9.5 percent this year. It was last up ...

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded ...

Trump’s moves sparked heightened uncertainty over the Fed’s independence, with political interference in the central bank ...

President Donald Trump said Monday night that he's firing Federal Reserve Governor Lisa Cook , an unprecedented move that ...