{
  "id": 3486634,
  "title": "As Cook case smolders, Trump has other paths to shape Fed policy team",
  "url": "https://urgent.news/2026/08/26/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-team",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T10:09:43.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/economy/policy/articles/cook-case-smolders-trump-other-100347841.html"
  },
  "original_language": "en",
  "account": "President Donald Trump's attempts to remove Federal Reserve officials to make room for his own appointees have hit a roadblock due to legal challenges and opposition from the Senate. However, Trump still has potential avenues to increase his influence over the central bank's policymaking body. Currently, Fed Chairman Kevin Warsh remains in place despite Trump's preference for interest rate cuts, as he and other Fed governors maintain an insulating role from politics. Trump has been vocal about the central bank's board being politically hostile, but the battle to shape monetary policy is far from over and may be influenced by upcoming decisions on personnel changes. Fed Governor Lisa Cook, the first Black woman to serve on the board, was appointed by President Biden and is set to remain in her position until 2038. The administration has filed a case attempting to remove her, but she is likely to continue challenging her dismissal, leading to another potentially lengthy court battle. Currently, Fed Governor Jerome Powell remains in his position, with his term ending in early 2028. Powell's exit will create the only guaranteed Fed seat for Trump to fill during his remaining tenure. However, his previous efforts to dismiss Powell, who first served as Fed head, are not entirely resolved. A criminal investigation into a central bank building renovation project was dropped after a Republican senator blocked Warsh's nomination as Fed chief. The outcome of this case and regional Fed president decisions will shape the future of Trump's efforts to influence the central bank's policies.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yahoo Finance",
        "title": "As Cook case smolders, Trump has other paths to shape Fed policy team",
        "url": "https://urgent.news/2026/08/26/as-cook-case-smolders-trump-has-other-paths-to-shape-fed-policy-team-3501267",
        "published": "2026-08-26T11:38:52.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}