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New to the Fed, Miran Defends Calls for Sharper Reduction in Interest Rates

In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House.

© Cheriss May for The New York Times

Stephen Miran at his nomination hearing to be a Federal Reserve governor on Sept. 4.
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White House Readies Appeal After 2nd Loss in Bid to Fire Lisa Cook

A court blocked a last-minute attempt on Monday to remove Lisa Cook from the Fed board ahead of a meeting to set interest rates.

© Anna Rose Layden for The New York Times

President Trump has sought to reconfigure the Federal Reserve’s board with loyalists, posing new threats to its political independence.
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Appeals Court Says Lisa Cook Can Remain on Fed Board

The decision came the day before the Federal Reserve begins a two-day meeting at which policymakers are expected to cut interest rates.

© Drew Angerer/Getty Images

President Trump has tried to oust Lisa Cook from her role as a Federal Reserve governor over allegations of mortgage fraud, even though she hasn’t been charged with a crime.
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U.S. and China Resume Talks on Tariffs and TikTok

Economic officials meeting in Madrid are seeking to head off a November tariff deadline.

© Martial Trezzini/Keystone, via Reuters

Jamieson Greer, left, the U.S. trade representative, and Scott Bessent, the U.S. Treasury secretary, met for trade talks in May with He Lifeng, China’s vice premier for economic policy, in Geneva.
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Trump Administration to Appeal Ruling That Allows Lisa Cook to Remain at Fed

The administration contested a preliminary injunction, issued late Tuesday, that temporarily blocked President Trump from firing her.

© Mark Schiefelbein/Associated Press

Lisa Cook, a member of the Federal Reserve’s Board of Governors, during a board meeting in June.
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Justice Dept. Opens Criminal Inquiry Into Lisa Cook, Elevating Trump’s Claims

The move was instigated by Ed Martin, a Trump loyalist who has said it is legitimate for officials to publicly air criminal investigations into people targeted by the president.

© Al Drago/Bloomberg

President Trump has been trying to fire Lisa Cook, a Federal Reserve governor, over allegations that she falsified bank documents to obtain favorable terms on a mortgage.
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