Tom Howell Jr.
Articles by Tom Howell Jr.
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
Bessent will interview 11 candidates to replace Powell at Fed
Treasury Secretary Scott Bessent said Tuesday he plans to interview nearly a dozen "very strong" candidates to replace Jerome Powell as chair of the Federal Reserve. Published August 19, 2025
Zelenskyy sports more formal attire for follow-up meeting at the White House
Ukrainian President Volodymyr Zelenskyy on Monday donned a more formal new look for his high-stakes White House meeting with President Trump. Published August 18, 2025
Trump pledges to rid U.S. of mail-in votes and some voting machines, deeming them a ‘scam’
President Trump said Monday he will lead a "movement" to scrap mail-in ballots and certain voting machines from U.S. elections, saying paper ballots with watermarks are more reliable. Published August 18, 2025
India’s oil purchases from Russia must stop, Peter Navarro writes in a stinging op-ed
White House trade adviser Peter Navarro says India is fueling Russia's invasion of Ukraine with its continued purchases of Russian oil and must stop. Published August 18, 2025
Coffee industry braces for impact of Brazil tariffs: ‘Cause for concern’
Americans consume over 1.6 million tons of coffee each year. That morning fix is set to get more expensive. Published August 15, 2025
Abbott calls second special legislative session to push redistricting in Texas
Texas Gov. Greg Abbott urged "delinquent" state House Democrats to return to Austin on Friday as he called a second special legislative session that hinges on a controversial redistricting plan. Published August 15, 2025
Wholesale prices rose faster than expected in July, says Bureau of Labor Statistics
Wholesale prices rose 0.9% in July, exceeding Wall Street forecasts and potentially hurting President Trump's push for interest-rate cuts from the Federal Reserve. Published August 14, 2025