News in Systemic Risk: Tuesday, September 2, 2025 (9:45 a.m. ET)
Long-Dated U.S. Treasury Yields Rise as Trump Aims to Remove Fed Governor Cook (WSJ)
U.S. Mid-Atlantic Factory Activity Slows Less Sharply (WSJ)
Mantra of central bank independence shaken by Trump moves on Fed (Francesco Canepa; Reuters)
Fed Governor Lisa Cook Sues to Stop Trump From Firing Her (Lydia Wheeler and Matt Grossman; WSJ)
Central U.S. Manufacturing Maintains Expansion, But Prices Keep Rising Too (Joshua Kirby; WSJ)
Trump’s interest-rate crusade will be self-defeating (The Economist)
What is the ECB High-Level Task Force on Simplification? (ECB)