Can Trump fire Lisa Cook for cooking the books?
Neither the Federal Reserve Act nor any other statute define the ‘for cause’ standard
Neither the Federal Reserve Act nor any other statute define the ‘for cause’ standard
It appears that Trump has successfully extorted a cool $10 billion from Intel
It is hard not to feel a sense of foreboding
The ‘independent Fed’ is a myth
Plus: Why can’t Ghislaine Maxwell testify to Congress?
The current setup is anti-democratic
Plus: Will Trump be arrested?
The ripples of their collapse will be significant
The collapse of SVB prompts action but the Fed hurting the working class less so
If we aren’t already in one, we are perilously close
Here’s what analysts are saying about the shaky economy
Chuck Schumer overlooks the real problem: government spending
The Biden administration knew it was printing and spending too much money
Jerome Powell is confident in the American economy and the ability to avoid a recession
Biden keeps Jerome Powell, Trump’s Fed chair, as progressives apply pressure
Jay Powell is determined not to fuel the struggle between an independent Fed and President Trump