Trump Threatens Fed's Lisa Cook and Accuses Regulators of Political Bias

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Source: Bloomberg.com
Trump Threatens Fed's Lisa Cook and Accuses Regulators of Political Bias
Photo: Bloomberg.com
TL;DR Summary

President Trump threatened to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations, aiming to influence the Fed's composition and policy, which raises concerns about the central bank's independence amid ongoing political pressure.

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