StockNow
Log in
Fed

US President Donald Trump is moving forward with his attempt to remove Lisa Cook from the Federal Reserve over unproven allegations of mortgage fraud, ABC reports, citing sources

StockNow breaking-news AI analysis

President Trump is reportedly seeking to remove Fed Governor Lisa Cook over unproven mortgage fraud allegations, according to source-based reports from ABC on August 7, 2026.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

US official says there is progress between Oman and Iran on the Strait of Hormuz, and we expect a deal soon

U.S. Markets

US President Trump administration to provide more than USD 2bln to four battery and mineral companies, reports WSJ citing officials

Geopolitics

A US official familiar with the negotiations confirmed the temporary route was discussed and said it would be limited to a period of 60 days, ABC reports