Learn English: Trump's Threat to Fire Fed Governor Cook (hard)

1 week ago

Trump's Threat to Fire Fed Governor Cook

President Trump threatened to fire Federal Reserve Governor Lisa Cook unless she resigns immediately.

This action follows accusations of mortgage fraud against Cook, prompting a legal battle.

Trump's attempt to replace Fed governors aims to influence interest rate policies.

Legal experts question Trump's authority, citing the high legal bar for such dismissals.

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Source

Original: NY Times (Business)

Tags

#Donald Trump #Federal Reserve #Lisa Cook #Mortgage Fraud #Political Conflict

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