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White House revives unprecedented effort to remove Fed governor Lisa Cook AxiosTrump Restarts Battle to Fire Sitting Fed Governor Lisa Cook The New York TimesTrump renews effort to fire Fed governor Lisa Cook after Supreme Court ruling The Washington PostTrump renews effort to fire Fed's Cook, continuing attacks on central bank Reuters
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Senate Passes Stopgap Bill to Avert Shutdown, Avoiding Skirmish Before Midterms The New York TimesSchumer caves, hands Republicans shutdown win after months of uncertainty Fox NewsU.S. Senate passes short-term funding bill to avert federal shutdown before election ReutersSenate passes bill to avert government shutdown before midterm elections The Washington Post
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Markets Rally on Surprise U.S. Job Losses, Airbnb Soars and Trade Desk Tanks | Markets P.M. for Aug. 7 WSJU.S. economy unexpectedly lost 23,000 jobs in July CNBCLabor Market Shifts Into Reverse nytimes.comWhat the jobs report can't tell us about the confounding economic moment CNNThe Fed was expected to hike interest rates in September. Don't bet on that now, economists say. CBS News
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Two months after he was blocked by the Supreme Court, President Donald Trump has resumed his effort to oust Federal Reserve governor Lisa Cook as part of an effort to stack the central bank's board with more allies.
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Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank's 2 percent target.
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