Federal Reserve Faces Political Tensions Amid Key Meeting
TL;DR Summary
The Federal Reserve's upcoming meeting is under political scrutiny as new governor Stephen Miran, aligned with Trump, and legal battles involving Lisa Cook, who is defending her position against Trump's efforts to remove her, cast uncertainty over the decision to lower interest rates, with potential implications for the Fed's independence and policy direction.
- Federal Reserve to Meet Under Cloud of Trump’s Attacks The New York Times
- The most extraordinary Fed meeting yet has just kicked off CNN
- Fed for now avoids shock to independence after Cook ruling; Miran sworn in as governor Reuters
- Fed convenes meeting with a governor newly appointed by Trump and another he wants to oust Yahoo Finance
- Fed Dissent Is Going to Raise Some Uncomfortable Questions Bloomberg.com
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