Tom Howell Jr.
Articles by Tom Howell Jr.
Lisa Cook sues over Trump’s attempt to remove her from Fed
Federal Reserve Board member Lisa Cook filed a lawsuit Thursday claiming President Trump lacks the authority to remove her, setting up a major clash over presidential power and the independence of the central bank. Published August 28, 2025
CDC Director Susan Monarez won’t leave the post until Trump fires her directly, lawyers say
Lawyers for Centers for Disease Control and Prevention Director Susan Monarez say a termination notice from the administration was insufficient and she will remain at her post until they hear directly from President Trump. Published August 28, 2025
Trump ramps up ‘economic war’ on Russia to force Ukraine peace talks
President Trump on Wednesday turned the screws to force Russian President Vladimir Putin into a face-to-face summit with Ukrainian President Volodymyr Zelenskyy and, ultimately, a peace deal. Published August 27, 2025
White House says Lisa Cook should take leave from Fed during legal fight over firing
White House officials on Wednesday urged Federal Reserve Board member Lisa Cook to vacate her position instead of waiting for a court decision on President Trump's attempt to fire her. Published August 27, 2025
Lisa Cook should take leave from Fed during legal fight over firing, Kevin Hassett says
A top White House official said Wednesday that mortgage-fraud accusations against Fed Governor Lisa Cook are "serious" and she should vacate her position instead of waiting for a court decision on President Trump's attempt to fire her. Published August 27, 2025
Big Trump tariffs on India take effect, walloping a major Asian economy
President Trump's additional tariffs on India took effect Wednesday, bringing the total levy on imports from the Indo-Pacific strategic partner to a whopping 50%. Published August 27, 2025
Commerce Secretary Lutnick hints at U.S. government stake in defense contractors
The Trump administration is having a lively debate about whether the government should take a stake in companies that serve as top defense contractors. Published August 26, 2025
Lisa Cook lawyers up, vows to fight Fed firing by Trump
Federal Reserve Board member Lisa Cook is planning to challenge President Trump's attempt to fire her from the central bank over allegations of mortgage fraud. Published August 26, 2025
Trump says he is removing Lisa Cook from the Fed board
President Trump said Monday he is removing Lisa Cook from her position as a governor on the Federal Reserve board, saying there is "sufficient reason" to believe she made false statements on personal mortgage documents. Published August 25, 2025
Trump says Intel stake is the start of a government-private sector trend
President Trump said Monday that a deal with chipmaker Intel is just the beginning of a push to give the U.S. government a stake in private companies. Published August 25, 2025
Kennedy Center will host World Cup draw in December, Trump says
President Trump says the World Cup draw will take place on Dec. 5 at the Kennedy Center in Washington. Published August 22, 2025
Canada withdraws retaliatory tariffs on U.S. goods to facilitate trade talks
Prime Minister Mark Carney said Canada is withdrawing reciprocal tariffs on U.S. goods, hoping to soften the ground before a review of the North American trade agreement later this year. Published August 22, 2025
Trump threatens to fire Lisa Cook as Fed governor over mortgage allegations
President Trump says he will move to fire a Federal Reserve governor, Lisa Cook, if she doesn't resign over allegations she committed mortgage fraud. Published August 22, 2025
Federal Reserve Chair Powell signals conditions may ‘warrant’ policy change, hinting at rate cut
Federal Reserve Chairman Jerome H. Powell is signaling that a long-awaited cut to interest rates may be warranted in September. Published August 22, 2025
Trump’s enforcer Pulte works to reshape the Fed and investigate Democrats over mortgages
A relatively obscure housing regulator is emerging as one of President Trump's loudest attack dogs. Published August 21, 2025
Walmart sales outlook improves despite new tariff costs
Walmart raised its sales outlook for the year on Thursday, even though its tariff-related costs are rising. Published August 21, 2025
Federal Reserve Chairman Powell eyes long-awaited rate cut in September
The Federal Reserve is increasingly likely to cut interest rates at its meeting in September, as worries about potential inflation compete with new concerns about a slowdown in hiring. Published August 20, 2025
Trump calls on Fed governor Lisa Cook to resign over mortgage fraud claim
President Trump urged one of the Federal Reserve's governors, Lisa Cook, to resign on Wednesday after a top housing official accused her of potential mortgage fraud. Published August 20, 2025
Retailers scramble to adjust to new reality under tariffs
Major retailers say they will increase prices or reorganize their supply chains in response to cost pressures from President Trump's tariffs. Published August 20, 2025
National intel chief Tulsi Gabbard strips security clearances from 37 current and former officials
President Trump's intelligence director is revoking the security clearances of more than three dozen former and current officials on claims they "abused the public trust" by manipulating or politicizing intelligence. Published August 20, 2025
