Federal Reserve Governor Lisa Cook doubled down on the legitimacy of her role on the nation’s central bank Wednesday, stressing what she said was the importance of keeping the bank insulated against political pressures — in direct response to President Donald Trump and his months-long effort to fire her. “Research and experience show that Federal Reserve independence is essential to fulfilling the congressional mandate of price stability and...

In a highly produced social media video posted Wednesday, Minneapolis Mayor Jacob Frey sat down with a local Latino radio station to blast ICE, promise sanctuary-style protections and portray himself as a defender of immigrant communities. “Let me tell you very clearly: I am proud to have you in our city, to call you my neighbor, to call you my family,” Frey told La Raza listeners in the...

President Donald Trump blasted his predecessor’s policies from the dais in Davos, Switzerland, at the World Economic Forum in a warning to foreign leaders to buck old political playbooks and rally around the U.S., citing that “when America booms, the entire world booms.” “Under the Biden administration, America was plagued by the nightmare of stagflation, meaning low growth and high inflation. A recipe for misery, failure and decline,”...