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As part of his assault on the Fed, Trump wants to fire policymaker Lisa Cook. Markets are already telling Trump it's a bad ...
Central bank independence is crucial for economic stability as political interference risks inflation, currency devaluation, ...
For months, the US president has been piling pressure on the Federal Reserve, demanding interest rate cuts to give the US ...
Cook says the US president "has no authority to do so" in defiance of Trump's escalatory move against the central bank.
Lisa Cook - the Federal Reserve governor who finds herself at the centre of Donald Trump's ire - was appointed to the role in ...
In a letter shared on Truth Social, Trump claimed "sufficient cause" to remove Cook immediately, pointing to accusations that Cook made false statements on mortgage agreements. Cook said ...
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors. Her attorney countered that ...
"Our base case remains for the Fed to resume cutting policy rates in September," Citibank economists said in a research note, ...
Fed governor Lisa Cook's lawyer, Abbe Lowell, said President Donald Trump 'has no authority to remove Federal Reserve ...
The presidential act sets up an unprecedented legal battle and challenges the independence of the Federal Reserve.