The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.
A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
Lisa D. Cook, a Federal Reserve governor, with her lawyer Abbe Lowell. In a letter to the White House Mr. Lowell said the governor would not be able to attend a hearing scheduled for Nov. 5.