Fed governor Lisa Cook says she voted to hold rates steady last week because she sees potential for a reduction in price pressures from tariffs, the war, and the AI buildout. But she suggests the bar to hike could be low with the following phrase: "If I do not see signs of continued disinflation soon, I am prepared to act." Given several years of above-target inflation, "while we might be able to afford to wait for longer in a different environment, we do not have that luxury in this one."

Fed governor Lisa Cook reported around $1.2 million in payments for legal services and security made on her behalf last year as she fights President Trump's attempt to fire her from the central bank's board.

The White House is renewing its effort to remove Lisa Cook from the Federal Reserve's Board of Governors, according to a letter addressed to her attorney obtained by CNN.

Even a Supreme Court stacked by Donald Trump agrees that his attempt to fire Lisa Cook was illegal. Donald Trump and his lackey Bill Pulte have now failed to fire former Chair Jerome Powell and Governor Cook. This case is a reminder that Pulte cannot be trusted and should be removed immediately as acting Director of National Intelligence and Director of FHFA. Trump’s effort to take over America’s central bank is far from over, and we will keep fighting back.