Trump’s Takeover of the Fed
The Daily
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Political Maneuvering at the Fed
This chapter explores the controversial nomination of Lisa Cook to the Federal Reserve Board, highlighting the political struggles and ambitions tied to federal economic policy. It discusses former President Trump's efforts to influence the Fed amidst accusations against Cook and other board members, raising concerns about the balance between political control and the Fed's independence. The narrative reflects on the implications of these events for the U.S. economy and the broader financial system, underscoring the intricate dynamics involved in fiscal governance.
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