Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

The Justice Department has begun examining mortgage fraud allegations against Lisa Cook, the Federal Reserve governor who is challenging a Trump administration effort to remove her from her job in a ...

The Federal Reserve is signaling a more cautious approach to interest rate cuts, with its latest Beige Book indicating that “Economic activity was little changed since last release”. This language ...

It’s easy enough to decry Donald Trump’s attempted takeover of the Federal Reserve as yet another swerve toward authoritarianism. He is breaking with decades of precedent and allegedly the law to ...

Federal Reserve nominee Stephen Miran, a senior White House economic adviser, told Senate lawmakers Thursday that he does not plan to resign from the Trump administration if confirmed to the Federal ...

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President Donald Trump continues his mission to control all agencies, independent or otherwise. In a move sparking outrage, Trump fired Federal Reserve Governor Lisa Cook late Monday. Cook, the first ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Federal Reserve Gov. Lisa Cook’s lawyer says she ...

Note: Powell was appointed as governor by Obama and nominated as chair by Trump. When President Trump took office in 2025, just two of the seven seats on the Federal Reserve’s Board of Governors were ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. Back in May, when the Supreme Court ...

Joe Walsh is a senior editor for digital politics at CBS News. Joe previously covered breaking news for Forbes and local news in Boston. Washington — President Trump said Monday he has fired Lisa Cook ...

Federal Reserve governor Lisa Cook intends to file a lawsuit after President Trump said she should be immediately removed from her position. As soon as today, an attorney for Lisa Cook plans to file a ...