Al Jazeera·3 min read·medium
Donald Trump renews effort to fire Federal Reserve governor Lisa Cook
C
Catherine Nouhan
✦AI Summary
The Trump administration has renewed efforts to remove Federal Reserve Governor Lisa Cook, citing unproven allegations of mortgage fraud. This move is part of a broader conflict between the White House and the central bank over interest rate policy.
The US president has clashed with Federal Reserve members over his bid to rapidly slash interest rates despite inflation.
politicseconomy
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