Lisa Cook

Federal Reser

2026-10-02 03:52:24

Fed Governor Lisa Cook Warns AI Investment Could Add to Inflation Risk Through 2027

Federal Reserve Governor Lisa Cook warned that investment driven by artificial intelligence could put pressure on supply chains and add to inflation risk, with the effect potentially lasting through 2027. She also said the timing of productivity gains from AI remains uncertain. The update was reported by Techub News, citing Crypto Briefing. This is a policy-focused signal from a Fed official, centered on how AI-related capital spending may affect inflation dynamics rather than offering a clear timeline for offsetting gains in productivity.

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Federal Reser

2026-09-30 19:35:45

Fed Governor Lisa Cook backs 25-basis-point rate hike at September meeting

Federal Reserve Governor Lisa Cook said overall U.S. inflation has remained above the central bank’s 2% target for more than five years, signaling that price pressures are still running beyond the level the Fed aims to restore. Cook said she supports a 25-basis-point rate increase at the September meeting and added that she remains committed to bringing back price stability. She also pointed to differences in post-pandemic inflation trends across regions. According to Cook, inflation in rural areas at one point ran higher than in cities after the pandemic, with energy prices and rising housing costs acting as the main drivers. Her remarks add to the policy discussion ahead of the Fed’s September decision, where the path of interest rates continues to hinge on inflation data and the central bank’s effort to return inflation to target.

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Federal Reser

2026-09-30 09:06:39

Fed Governor Lisa Cook Says AI and Data Center Spending Is Delaying Inflation’s Return to 2%

Federal Reserve Governor Lisa Cook said spending tied to artificial intelligence and data centers is slowing the path of inflation back to the Fed’s 2% target. According to the brief statement cited by Techub News, Cook said the rapid rise in AI and data center investment is already affecting the broader economy. She added that this wave of spending could keep inflation at a higher level for longer. The remarks point to capital expenditure linked to AI infrastructure as one factor complicating the inflation outlook. No additional policy guidance, timeline, or market details were provided in the source item.

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Federal Reser

2026-08-26 23:51:10

Fed Governor Lisa Cook again denies misconduct claims as Trump weighs renewed removal effort

Federal Reserve Governor Lisa Cook has again rejected repeated, unproven mortgage fraud allegations raised by Donald Trump, according to BlockBeats, citing Jin10. The dispute comes as Trump considers whether to revive an effort to remove Cook from the Federal Reserve Board, a move the report said would likely trigger another sharp legal fight over the Fed’s independence. In a letter sent to the White House on Wednesday, Cook’s lawyer called the allegations groundless and false. The letter said Cook had never committed mortgage fraud or any intentional misconduct, and argued there is no legal basis to remove her from the Federal Reserve Board. The latest exchange keeps the focus on the legal and institutional questions tied to any attempt to dismiss a sitting Fed governor.

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Trump

2026-08-26 16:25:00

Trump Still Has Four Potential Levers to Shape Fed Personnel and Rate Votes

Reuters reported that Donald Trump has not been able to quickly remake the Federal Reserve, but four personnel-related openings could still expand his influence over the central bank. The report said the more important issue is not simply who gets into the Fed, but how those personnel shifts could eventually change the voting structure of the committee that sets interest rates. Trump’s efforts so far have been checked by both the courts and political resistance in the Senate, yet Reuters said the contest is far from over. The four areas identified were the effort tied to Fed Governor Lisa Cook, Jerome Powell’s continued presence on the Board of Governors through early 2028 after stepping down as chair, Vice Chair Philip Jefferson’s decision next year on whether to stay on as a governor after his vice chair term ends, and the appointment process for the president of the Atlanta Fed. Reuters added that regional Fed leadership posts could provide another channel for influence, with the broader significance resting on how any personnel change may alter the balance of votes on interest-rate decisions.

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Federal Reser

2026-08-10 14:03:55

Hassett Dismisses Fed Governor Replacement Talk, Says September Could Bring Hold or Cut

The Trump administration has moved to remove Federal Reserve Governor Lisa Cook over alleged misstatements in a 2021 mortgage application. The White House has set an Aug. 26 deadline for her response and is considering her dismissal. National Economic Council Director Kevin Hassett dismissed speculation that he would replace Cook, saying "that's not going to happen." He also offered a personal view on policy: if he were a Fed official, strong supply-side dynamics and cooling inflation would lead him to hold or cut rates at the September meeting. Cook and her lawyers deny all allegations as baseless, warning that a presidential effort to unseat a Fed board member could erode central bank independence. In June, the Supreme Court temporarily blocked the removal, ruling that Cook had not received adequate notice and a hearing. A successful ouster would give Trump a new Fed board nomination, potentially shifting the course of monetary policy.

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Kevin Hassett

2026-08-10 12:47:33

White House Adviser Hassett Says He Won't Replace Fed Governor Cook, Leans Toward Holding or Cutting Rates

Kevin Hassett, the White House economic adviser, said on Aug. 10 that he would not succeed Federal Reserve Governor Lisa Cook if Cook is dismissed from the board over the accusations she faces. The allegations against Cook are a matter for law enforcement authorities to handle, Hassett said, adding that he hopes Cook is innocent. Those comments came as Cook is challenging the Trump administration's push to strip her of her position on the Federal Reserve board, a move she is contesting. Turning to monetary policy, Hassett said that if he were the one deciding, he would lean toward holding the current level of interest rates or cutting them. His reasoning is that inflation in the United States has been easing and that supply-side growth momentum remains strong, which he believes provides space for a more accommodative policy stance. The remarks cover both Cook's future at the central bank and the direction of borrowing costs, and they were delivered while her legal fight with the administration continues. BlockBeats reported the comments.

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Federal Reser

2026-08-10 12:49:50

Hassett Says He Won't Replace Cook as Fed Governor, Favors Hold or Rate Cut

White House economic adviser Kevin Hassett said he would not replace Federal Reserve Governor Lisa Cook if she is removed from her post over the allegations against her. Hassett described the accusations as a matter for law enforcement agencies and said he hopes Cook is innocent. Cook herself has been challenging the Trump administration's attempt to dismiss her from the Federal Reserve board. In separate comments on monetary policy, Hassett said that if he were involved in the decision-making process, he would favor keeping interest rates at current levels or cutting them. He said U.S. inflation is easing while supply-side growth momentum remains strong, which he believes gives room for a more accommodative policy environment. The remarks, as reported by ChainCatcher, touch on both a potential vacancy on the Fed board and the possible direction of American rate policy. On the allegations, Hassett said they belong to law enforcement authorities.

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