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Trump renews effort to remove Fed Governor Lisa Cook over mortgage-fraud claims.

Market News
07 Aug 2026
New York Post
View Source
Neutral
pluang ai news

President Trump has renewed his attempt to remove Federal Reserve Governor Lisa Cook, citing allegations of mortgage fraud. The White House has given Cook three weeks to respond to claims that she made false statements on mortgage agreements. This follows a Supreme Court ruling that blocked Trump's initial firing attempt but allowed for a new effort if due process is followed. Cook denies wrongdoing and plans to fight the removal, while the dispute highlights ongoing tensions between Trump and the Fed over monetary policy independence.

More News

Solana price jumps 6.6% to $82.23 amid US Treasury bond buybacks and crypto market rally

Solana price jumps 6.6% to $82.23 amid US Treasury bond buybacks and crypto market rally

Solana (SOL) surged 6.6% to $82.23 on August 19, 2026, driven by US Treasury's doubled bond buybacks, new SEC crypto rules, and a White House crypto summit. The rise also benefited from increased meme coin trading on Solana's platform and Ethereum's ...

Market News
Bullish
4 hours ago
Walmart launches affordable trendy apparel line to attract younger shoppers and compete with Amazon.

Walmart launches affordable trendy apparel line to attract younger shoppers and compete with Amazon.

Walmart is introducing a new clothing line called Scenario, priced mostly under $25, aimed at younger consumers to regain market share from Amazon. The move reflects Walmart's shift towards offering more stylish and higher-priced apparel to meet cust...

Market News
Bullish
4 hours ago
Bitcoin jumps 23% as Ray Dalio warns of a looming US debt crisis within three years

Bitcoin jumps 23% as Ray Dalio warns of a looming US debt crisis within three years

Bitcoin surged about 23% from around $63,000 to the upper $70,000s following Ray Dalio's warning of a potential US debt crisis within three years due to the federal debt surpassing $40 trillion. Dalio advised investors to reduce bond holdings and all...

Market News
Bullish
4 hours ago
Ethereum's MVRV golden cross sparks 34% rally, eyeing $5,000 if key resistance breaks

Ethereum's MVRV golden cross sparks 34% rally, eyeing $5,000 if key resistance breaks

Ethereum's MVRV ratio formed a golden cross on August 19, triggering a 34% price surge from $1,905 to $2,547. Whale wallets holding over 10,000 ETH increased by 1.74%, with 17 new large holders joining, indicating strong buying interest. Additionally...

Technical Signals
Bullish
4 hours ago
Bitcoin Cash rallies 33.5% in a week but remains below key resistance at $333, signaling cautious optimism.

Bitcoin Cash rallies 33.5% in a week but remains below key resistance at $333, signaling cautious optimism.

Bitcoin Cash surged 33.5% in the past week to $272.90, recovering from a 12-month low of $190.07 but still 18.1% below its 200-day moving average of $333.10. The rally shows local trend improvement with strong recent volume, yet the overall downtrend...

Technical Signals
Neutral
4 hours ago
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