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Fed Governor Miran says he did not tell Trump how he would vote on rates this week
CNBC· 2025-09-19 15:15
Federal Reserve Governor Stephen Miran told CNBC on Friday that he spoke only briefly to President Trump before this week's interest rate decision and was not pressured on how to vote.Miran, who voted against the quarter percentage point reduction in favor of a move twice that size, said he made his decision independently."He called me Tuesday morning to congratulate me, and that was it," the central banker said during a "Squawk on the Street" interview. "I did not talk to him about how I vote. I did not ta ...
Trump continues push to oust Lisa Cook despite new evidence that undermines his claims
Fortune· 2025-09-14 20:08
President Donald Trump’s administration renewed its request Sunday for a federal appeals court to let him fire Lisa Cook from the Federal Reserve’s board of governors, a move the president is seeking ahead of the central bank’s vote on interest rates.The Trump administration filed a response just ahead of a 3 p.m. Eastern deadline Sunday to the U.S. Court of Appeals for the District of Columbia, arguing that Cook’s legal arguments for why she should stay on the job were meritless. Lawyers for Cook argued in ...
Bitcoin ETFs Draw In $368M, Showing Strongest Demand Since August
Yahoo Finance· 2025-09-09 11:38
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded a significant influx of capital on Monday, reversing two days of consecutive outflows. The $368.25 million net inflow was the largest single-day inflow since August 8, according to SoSoValue data. With none of the twelve spot Bitcoin ETFs recording outflows, data pointed to renewed conviction from institutional investors. Fidelity's FBTC led the inflows with a net inflow of $156.50 million, followed by Ark Invest and 21 Shares’ ARKB with $89.47 mill ...