The US Supreme Court Rejects Trump's Dismissal of Federal Reserve Board Member Lisa Cook

Trump Inspects Fed Headquarters Renovation Site, Engages in Public Debate with Fed Chair Powell on Renovation Costs Issue, Trump Criticizes Budget Overrun, Powell Counters Trump by Pointing Out Trump's Inclusion of Completed Projects in Current Budget.

According to sources familiar with the matter, Trump met with the top candidate for the new Federal Reserve Chair at the White House on Thursday, Kevin Walsh.

The Federal Reserve believes that the current economy has not fallen into a recession and does not need to stimulate demand through interest rate cuts.

If Cook resigns, it would potentially allow Trump to gain four seats, giving him a majority on the seven-member board.