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EXPLAINED: 8 | Rare Historical Photos

Does anyone go to prison for federal mortgage fraud? Not many, the numbers suggest

Mortgage fraud is back in the news. Lisa Cook, a Federal Reserve governor, is being investigated by the Department of Justice for allegedly making false statements when applying for a mortgage. Members of Donald Trump’s Cabinet are accused of similar wrongdoings. Could any of these people go to prison?

The Conversation

First Thing: Israel has committed genocide in Gaza, says UN commission of inquiry

The commission also accused Benjamin Netanyahu of inciting genocide. Plus, Donald Trump files $15bn lawsuit against the New York Times

The Guardian - UK

‘Peak Goldilocks’: The markets have bought the Fed rumors — watch for them to sell on the news

Markets will move on Wednesday after Wall Street parses Cook’s statement and his Q&A for clues about future rate cuts beyond Wednesday.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump is pushing for a 'big cut' from the Fed—but he's already on a losing streak

Trump failed to oust Fed Governor Lisa Cook and is unlikely to get the steep rate cut he demands, as Powell and the FOMC weigh weaker jobs data.

Fortune

Stock Market Today: Nasdaq Futures Gain, Dow Slips As FOMC Begins Its 2-Day Meet — Tesla, Adtran, Ferguson In Focus (UPDATED)

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

Benzinga

Charlie Kirk murder suspect told he faces death penalty if convicted in first appearance – as it happened

Tyler Robinson makes virtual court appearance charged with seven counts including aggravated murder; next court date set for 29 September

The Guardian - US

Appeals court rejects Trump's bid to unseat Fed governor Lisa Cook

The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed’s seven-member governing board, which was designed to be largely independent from day-to-day politics.

Euronews

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Senate approves White House’s Stephen Miran to serve on Fed board

The vote to confirm Stephen Miran was largely along party lines, 48-47.

Euronews

US appeals court blocks Trump’s bid to fire Lisa Cook from Federal Reserve

Cook’s claim that she was denied due process has a ‘strong likelihood of success’, court rules

Al Jazeera

US court foils Trump bid to fire Lisa Cook from Federal Reserve board

Decision comes before Fed policy meeting where officials are expected to cut US interest rates

The Guardian - US

Elizabeth Warren Says Trump Can't 'Scapegoat' His Failure As Appeals Court Rejects Attempt To Unseat Lisa Cook Ahead Of Key FOMC Meeting

In a major setback for President Donald Trump, a U.S. Appeals Court for the District of Columbia denied an emergency motion to remove Federal Reserve Governor Lisa Cook, allowing her to participate in this week’s Federal Open Market Committee meeting.

Benzinga

Appeals court rules Fed governor Cook can continue to serve

The ruling comes ahead of the Fed's two-day policy meeting that starts Tuesday.

Axios

Trump official confirmed to Fed board but court rejects Lisa Cook removal bid

Senate votes 48-47 to confirm Stephen Miran as Fed governor but court rules Cook may remain in place

The Guardian - US

Court stops Trump’s attempt to fire Fed Board Governor Lisa Cook

Ruling allows Federal Reserve official to participate in key rate-setting meeting this week

The Independent UK

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International Business Times

US Senate Poised To Advance Trump Aide's Appointment At Fed

The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting.

Latin Times

Kathy Hochul Endorses Zohran Mamdani for NYC Mayor, Signaling Democratic Unity

New York Governor Kathy Hochul has formally endorsed Zohran Mamdani in the New York City mayoral race, a move that marks a pivotal moment in the Democratic Party's alignment around its progressive nominee.

Euronews

Why the Fed is likely to cut rates as economic uncertainty mounts

Caught between economic uncertainty and political pressure, the Federal Reserve will decide this week whether to begin cutting interest rates after nine months — and by how much.

Euronews

Trump renews push to fire Fed governor Lisa Cook ahead of key vote

Sunday’s filing is the latest step in an unprecedented effort by the White House to shape the historically independent Fed.

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Benzinga

Trump Trying To 'Take Over The Fed,' Says Elizabeth Warren: Turkey, Argentina And Nixon-Era Serve As Cautionary Tales, Warns Senator

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump of attempting to undermine the independence of the Federal Reserve, warning that such a move could spark inflation, driving up costs substantially for American families.

Benzinga

Trump's Firing Fed Governor Lisa Cook 'For Cause' Not Subject To 'Judicial Second-Guessing,' Says The DOJ Ahead Of FOMC Meeting

Ahead of the Federal Reserve’s key vote on interest rates this week, the Justice Department has made a fresh attempt to stay a lower court's injunction blocking President Donald Trump’s firing of Fed Governor Lisa Cook.

Fortune

The Federal Reserve is about to have an extremely awkward meeting

While there is little doubt about the outcome of the Fed meeting, there are still questions over who exactly will be voting.

Benzinga

Lisa Cook Fights Trump's Attempted Firing As Documents Show Condo Labeled 'Vacation Home,' Raising Questions About Mortgage Allegations

Federal Reserve Governor Lisa Cook is challenging President Donald Trump's effort to remove her after documents surfaced indicating one of her properties was listed as a vacation home, casting doubt on allegations of mortgage misrepresentation.

Benzinga

Trump's Push To Fire Fed Governor Sparks Legal Showdown: 'Era Of Fed Independence Would Be Over'

Federal Reserve Governor Lisa Cook is fighting the President Donald Trump administration in court after an emergency bid sought to remove her from the central bank ahead of a pivotal interest rate decision.

International Business Times

US Fed Poised For First Rate Cut Of 2025 As Political Tension Mounts

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market -- but political tension looms over the gathering.

The Independent UK

Federal Reserve Governor Lisa Cook confirms second home status amid Trump fraud claims

Cook sued the Trump administration to block her firing following a row with the US President

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