Lisa Cook

Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook

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Trump asks US Supreme Court to allow firing of Fed Governor Lisa Cook

President Donald Trump‘s administration asked the U.S. Supreme Court on Thursday to let him move ahead with firing Federal Reserve Governor Lisa Cook – a move without precedent since the central bank’s founding in 1913 – in a legal battle that imperils the Fed’s independence. The Justice Department asked the justices to lift U.S. District … Read more

Why Federal Reserve has historically been independent of White House

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Why Federal Reserve has historically been independent of White House

US President Donald Trump fired Federal Reserve Governor Lisa Cook late Monday, in a move viewed as a sharp escalation in his battle to exert greater control over the independent institution. Trump said in a letter posted on his Truth Social platform Monday that he is firing Cook because of allegations that she committed mortgage … Read more