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The president’s intention to fire Fed governor Lisa Cook could give him sway over the central bank’s rate-setting power.
The 10-year U.S. Treasury yield fell below 4% and touched 4.6% a little more than a month later. Read more here.
Trump said in a letter posted on his Truth Social platform that he is firing Cook because of allegations that she committed ...
Editor’s note: On August 25th Donald Trump said that he had sacked Lisa Cook from the Federal Reserve’s board, alleging “deceitful and possibly criminal conduct in a financial matter”. Ms Cook said ...
President Trump said Monday he removed Fed Governor Lisa Cook, accusing her of mortgage fraud and “gross negligence” in ...