Trump Tries to Fire Fed Governor: Independence at Risk?
Update: 2025-09-15
Description
Is Trump trying to oust Fed Governor Lisa Cook? Trump's legal team is challenging Cook's position, claiming she misrepresented her residency for tax purposes, while Cook insists it's a politically motivated attack to undermine the Fed's independence. With a major interest rate vote looming, the controversy raises questions about the Fed's future and its insulation from political influence.
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