Doug Krizner

President Trump is calling on Fed Governor Lisa Cook to resign over accusations from a Trump ally of mortgage fraud.

More from Bloomberg's Denise Pellegrini.

Later in the day, Cook issued a statement saying she had no intention of being bullied to step down, and she said that she intends to take questions about her financial history seriously and gather accurate information to answer legitimate questions and provide facts.

Minutes of the last Fed meeting show committee members saw upside risk to inflation when they met last month, and they viewed that risk as being greater than the concern over a weaker labor market.

Here is Bloomberg U.S.

economist Stuart Paul.

That is Bloomberg economist Stuart Paul there.

Now, the Fed did leave interest rates unchanged last month in a range of four and a quarter to four and a half percent.

And Chair Jay Powell said the central bank must guard against persistent inflation.

Now, these minutes arrive ahead of Powell's Jackson Hole speech that will happen on Friday.

And investors are expecting fresh signals on Fed rate policy.

President Trump's decision to deploy federal law enforcement and the National Guard to Washington, D.C.

is drawing pushback.

Critics are calling it a political stunt.

The White House says the crackdown has netted more than 500 arrests, including gang members, along with illegal firearms.

Today, Vice President J.D.

Vance praised the effort as a model for other cities, while demonstrators protested outside Union Station.

That is Vice President J.D.

Vance there.

Now, a YouGov poll shows that 47 percent of Americans disapprove.