Greg Michalowski
investingLive Americas FX news wrap 26 Aug: Trump fires Fed's Cook and looks for control.
- Forex news for North American trading on Aug 26, 2025
Major US stock indices close higher led by the small-cap Russell 2000
- Russell 2000 rose 0.83%
Trump: He is talking about economic sanctions on Russia if there is no cease-fire
- The President has been quiet about sanctions since before the meeting with Putin.
Fed Spokesperson: Federal Reserve Act gives the president the power to remove "for cause"
- Fed releases statement on Lisa Cook situation
US crude oil futures settle at $63.25
- Down $1.55 or -2.39%
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}