Trump’s Takeover of the Fed

For years, a debate has been simmering in Silicon Valley over the right way to build artificial intelligence. Should it be open and free for anyone to use, or should we tightly control how it’s made and who can access it? Mike Isaac, who covers technology for The New York Times, ...  Show more

This summer, wildfires have been raging across Europe. France and Spain have been hit particularly badly, with hundreds of thousands of acres incinerated and entire communities devastated. Chico Harlan, the global climate correspondent for The New York Times, and Mark Landler, th ...  Show more

After months of demands for lower interest rates, President Donald Trump is attempting to fire Federal Reserve governor Lisa Cook in the most dramatic step yet in his efforts to take control of the independent central bank. As WSJ’s Matt Grossman explains, the move could allow Tr ...  Show more

Last night, President Donald Trump posted a letter firing Federal Reserve Board Governor Lisa Cook. The reason? She was accused of listing two properties as her primary residences, which potentially gave her more favorable lending terms. This marks another escalation in the presi ...  Show more

A.M. Edition for Aug 26. President Trump says he’s removing Federal Reserve governor Lisa Cook, escalating his campaign against the central bank. The WSJ’s Alex Frangos helps us make sense of whether he actually has the authority to fire Cook, and what this means for the Fed’s in ...  Show more

The Federal Reserve has been under intense pressure from President Donald Trump as he pushes for more control over the historically independent agency. The Fed is tasked with keeping inflation and unemployment under control, and it’s supposed to be insulated from politics so it c ...  Show more