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MYSTERIOUS: 34 - What They Never Told You

What would the Fed do in a tie vote? It's not clear, and the Bank of England had to break a deadlock this month

There have been three occasions when a vote on the FOMC passed by a one-vote majority, though the last time it occurred was in 1973.

Fortune

Donald Trump’s ‘illegal’ move could curse America with hyperinflation where even bread cost ‘$1000 more every day’

He doesn't understand or doesn't care about the consequences.

We Got This Covered

US Consumer Spending Jumps in July as Services Drive Inflation Higher

US consumer spending rose sharply in July, with higher demand for services driving inflation pressures. The latest figures highlight the challenge facing the Federal Reserve as it weighs rate decisions.

International Business Times UK

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Gold Might Be Frontrunning The Fed

After surging to an all-time high of $3,500 per ounce in April, gold has cooled off, building a narrow base between $3,200 and $3,400. Rather than signaling exhaustion, this consolidation has formed an ascending triangle, a pattern that often precedes an upside breakout.

Benzinga

In Trump’s Push to Fire Fed Governor, a Curious Target

In seeking to oust Lisa Cook, President Trump attacks a likely ally on interest rates who happens to be the first Black woman in the job.

Capital & Main

Fed's Preferred Inflation Gauge Hits Highest Since February, Threatens Powell's Rate Cut Bet

An inflation reading closely tracked by the Federal Reserve climbed to its highest level since February, remaining stubbornly above the 2% target and raising new doubts around the timing of Jerome Powell's anticipated interest rate cuts.

Benzinga

Key US inflation gauge holds mostly steady though core inflation ticks higher

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased

The Independent UK

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The first battle in the war on Fed independence takes shape today at Lisa Cook’s emergency hearing

Trump’s bid to oust Fed governor Lisa Cook faces a legal showdown as she sues to block her removal, escalating the fight over Fed independence.

Fortune

Fed Governor Lisa Cook sues Trump over move to fire her

The case could become a turning point for the 112-year-old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.

Euronews

The Real Threat to Fed Independence Isn't Trump. It's Congress' Debt Addiction.

The president's clear attempt to interfere in the Federal Reserve is not a one-off crisis.

Reason

Federal Reserve Governor Lisa Cook sues Trump for his attempt to fire her

The lawsuit comes amid concerns that the US president is trying to sway central bank’s decisions on monetary policy.

Al Jazeera

Federal Reserve Governor Files Lawsuit Against Trump Administration

Federal Reserve Governor Lisa Cook challenges her dismissal by President Trump in court, raising concerns about the independence of the Federal Reserve and...

Top News

Bitcoin And Ethereum's Liquidity-Driven Highs Expose Fragility At All-Time Peaks: Report

Bitcoin (CRYPTO: BTC) and Ethereum's (CRYPTO: ETH) surge highlights how tightly crypto markets have become bound to global liquidity cycles, with central bank signals now moving prices as sharply as on-chain developments.

Benzinga

Boost for Trump as US growth revised higher in Q2

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

Euronews

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Roll Call

Cook files suit against Trump to keep Fed board seat - Roll Call

Federal Reserve Governor Lisa Cook filed suit Thursday against President Donald Trump to stop him from firing her from the Fed board.

Kiplinger

I've Got $50,000 Burning A Hole in My Pocket. Where Do I Park It Amid Rate Cuts So I Don't Lose Ground?

Why a mix of CDs can protect $50,000 from shrinking yields.

International Business Times

Asian Markets Diverge With Eyes On Nvidia Earnings

Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI giant Nvidia.

Benzinga

Trump's Attempt To Fire Lisa Cook Lacks Factual Or Legal Basis, Says Fed Governor's Lawyer: 'We Will Be Filing A Lawsuit…'

Federal Reserve Governor Lisa Cook will be filing a lawsuit to prevent her firing by President Donald Trump, according to a lawyer hired by the central bank official.

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Barchart

Up 140% in 2025, This Dividend Stock Is Still a Buy as Trump Takes on the Fed

Anglogold Ashanti stock is up 140% in 2025 and has a generous dividend policy. The stock looks set to rise further this year amid the bullish outlook for gold.

Benzinga

Trump Escalates Fed Fight: Fires Governor, Eyes Full Overhaul

President Donald Trump doesn't just want to lower interest rates—he wants to rebuild the Federal Reserve from the ground up. And this week, he made another big move.

We Got This Covered

‘This is just sort of embarrassing’: Donald Trump’s bizarre claim about an imaginary conversation with Wes Moore has video proof to disprove it

Donald Trump has recently focused his attention on Maryland Governor Wes Moore, making a series of unusual statements about the Democrat. Trump initially made an unprompted public statement that he did not consider the governor to be “presidential timber.” Following this, the former president responded to Moore’s public criticisms by…

We Got This Covered

Trump’s latest claim about a Democratic governor reveals a disturbing new pattern

Trump's making up conversations with governors now...

The Independent UK

‘Zero self awareness’: Newsom trolls Trump deputy’s description of ‘crooks’ in government over Lisa Cook ouster

Trump’s ‘firing’ of Fed board governor scares Wall Street and sets up another protracted court battle

International Business Times

Who Is Lisa Cook, The Fed Governor Trump Seeks To Fire?

Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President Donald Trump's latest target as he ramped up pressure on the central bank.

The Guardian - US

Trump is out to end the Fed’s autonomy. Here’s how he’s trying to get his way

A condo is at the heart of extraordinary battle over the future of the Federal Reserve – and its independence

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