News Wrap: Supreme Court lets Lisa Cook stay in her role at Federal Reserve for now
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 1 October 2025
⏱️ 5 minutes
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| 0:00.0 | The Supreme Court is letting Federal Reserve Governor Lisa Cook stay in her role for now. |
| 0:06.1 | The justices declined to act on a Trump administration pushed to remove her from the |
| 0:10.4 | Central Bank's board immediately and instead said they'll hear arguments on the case in January. |
| 0:16.4 | President Trump is accused Cook of mortgage fraud, which she denies. |
| 0:20.0 | The decision is a setback for the president's |
| 0:21.9 | efforts to exert more control over the Fed, which has long enjoyed independence from political |
| 0:27.3 | interference. The White House says it will name a new nominee to lead the Bureau of Labor |
| 0:33.1 | Statistics, quote, very soon after pulling its initial choice last night. Officials acknowledged today |
| 0:39.3 | that President Trump's pick, conservative economist E.J. Anthony, lacked the votes needed to win |
| 0:44.9 | Senate approval. As chief economist at the Heritage Foundation, he was widely seen as too partisan |
| 0:50.4 | for the role. The BLS is responsible for vital economic data, including reports on jobs |
| 0:56.2 | and inflation. Its previous commissioner, Erica McIntyre, was fired by Trump in August after a report |
| 1:02.9 | showing a sharp fall in hiring. In New York City, residents of a Bronx apartment building were |
| 1:09.3 | unharmed after an explosion this morning |
| 1:11.7 | caused part of the high rise to collapse. This massive gash on the side of the building used |
| 1:17.4 | to be a chimney that ran 20 stories up from the boiler room. Bricks plummeted to the sidewalk |
| 1:22.9 | below, hitting a playground, but amazingly and thankfully no one was injured. Officials are now assessing the overall condition of the building, and residents are demanding answers. |
| 1:33.3 | The safety of the residents is of paramount importance, and that's the number one concern. |
| 1:37.3 | We have building inspectors that are inspecting the foundation of the building and inspecting all of the apartments in the affected areas to make |
| 1:45.2 | sure that the building is structurally sound for people that live in those wings. |
| 1:49.6 | This could have been a tragedy. |
| 1:51.5 | This could have been something a lot worse. |
... |
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