The accusations against Cook reflect the broader tensions between Trump and the Fed regarding interest rates and the need for rate cuts to address economic challenges.

The U.S. Justice Department plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her f...

“I do intend to take any questions about my financial history seriously as a member of the Federal Reserve and so I am gathering the accurate information to answer any legitimate questions and provid...