Trump Fires Fed Governor Cook, Eli Lilly’s Weight Loss Pill & How to Not Get Replaced by AI
Prof G Markets
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Political Maneuvering and Fed Independence
This chapter explores the recent attempt to dismiss a Federal Reserve governor amid allegations of misconduct, examining the legal framework and the legitimacy of the claims. It highlights the implications for the Fed's independence, the potential changes in leadership, and the broader effects on economic stability and monetary policy.
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