By Kara Scannell, CNN (CNN) — Lawyers for Federal Reserve Governor Lisa Cook said allegations she committed mortgage fraud are “baseless” and urged the Justice Department to drop its inquiry. The Justice Department indicated this summer it…
Adriana Kugler, a former governor on the Federal Reserve board who suddenly stepped down from her role, violated the bank’s trading rules, a report said.
The government shutdown impacted key economic data reports that the Federal Reserve uses to determine a potential interest rate cut. CBS MoneyWatch correspondent Kelly O'Grady reports.
Presidents of regional Federal Reserve banks typically serve 5-year terms and Bostic’s will expire in February 2026. Raphael Bostic, Atlanta Fed President, Confirms February Resignation The leadership lineup at the Federal Reserve will go…