US Treasury Informed Banks It May Intervene In Japan's Yen, As Market Laughs At BOJ's Own Attempts To Prop Up Currency

President Trump on Sunday night put out his second statement endorsing Israeli Prime Minister Benjamin Netanyahu for the upcoming elections in Israel, saying that the US and Israel must “finish the job” against Iran. “To the people of Israel, to those who haven’t seen it, I am attaching the Endorsement I gave one week ago […]

Cook Case Tests The Limits Of Fed Independence Authored by Alexander W. Salter via The Daily Economy, President Trump has renewed his effort to remove Lisa Cook from the Federal Reserve Board. Whether he has a legitimate reason to fire her is another matter. The White House announced a three-person "committee of inquiry" to investigate whether Cook made false statements on mortgage applications, and whether that is sufficient cause to remove her from her post. Next month, the committee will question her at a White House hearing. This is Trump's second attempt....