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Fed Reserve's Lisa defiant despite Don's 'sack' order
The New Indian Express Kottayam
|August 27, 2025
President Donald Trump said Monday night that he's firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics.
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Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of allegations that she committed mortgage fraud. Cook said Monday night that she would not step down. "President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so," she said in an emailed statement. "I will not resign."
Denne historien er fra August 27, 2025-utgaven av The New Indian Express Kottayam.
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FLERE HISTORIER FRA The New Indian Express Kottayam
The New Indian Express Kottayam
Wrestler Deepak’s name in Asian Games long list
DEEPAK Punia was the only Indian wrestler to reach the final and finish with a silver medal in the 2022 Asian Games held in 2023.
2 mins
May 25, 2026
The New Indian Express Kottayam
China launches Shenzhou 23 with crew; 1 set to stay a year
CHINA launched the Shenzhou 23 spacecraft Sunday night with three astronauts heading to its space station, including one set to stay in space for a year.
1 min
May 25, 2026
The New Indian Express Kottayam
Global investments via LRS surge in FY26
RBI data suggests investors are stepping up overseas allocations through both equity and debt investments
2 mins
May 25, 2026
The New Indian Express Kottayam
STRAY CRISIS: STATES NEED TO FIX A BROKEN SYSTEM
HE Supreme Court’s recent order on stray dogs and cattle has rightly drawn attention—and the court's ire—to the lethargy of states, Union territories and local bodies in implementing Centre's animal birth control (ABC) policy, more than 20 years after its adoption.
1 mins
May 25, 2026
The New Indian Express Kottayam
Archer hits the mark, takes RR into play-offs
After a quick 32 with the bat, pacer takes 3/17 to help team beat MI
2 mins
May 25, 2026
The New Indian Express Kottayam
IIT experts, banks told to help CBSE fix payment, tech glitch for revaluation
AMID complaints of technical glitches and overcharging during the re-evaluation process for the CBSE Class XII papers on its portal, the Education Ministry has announced two measures to rectify the issues.
1 min
May 25, 2026
The New Indian Express Kottayam
Cracking under pressure to 2 NRs in 24 hrs: Gurindervir's transformation
THE 23rd of May, 2026 will go down as one of landmark days in the history of Indian athletics.
2 mins
May 25, 2026
The New Indian Express Kottayam
Why Haaland invested in Total Chess World C’ship
ON the streets of Oslo on Saturday, there were Barcelona jerseys wherever you looked. Not without reason.
2 mins
May 25, 2026
The New Indian Express Kottayam
‘All our new businesses will have CAGR of 25%, EBITDA margin of 35%’
IN an interaction with Benn Kochuveedan of TNIE, Indian Hotels Company (IHCL) chief executive Puneet Chhatwal, tells it will open 60 new hotels in FY27, adding nearly 6,000 keys under various brands, including homestays.
2 mins
May 25, 2026
The New Indian Express Kottayam
Agniveer A four-year path to the Indian Army
WITH an aim to enhance the youthful profile of the armed forces, the government introduced the ‘Agnipath’ scheme.
1 min
May 25, 2026
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