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Why Trump Is Trying to Fire Lisa Cook

Big Take

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Trump vs. Lisa Cook: A Federal Reserve Controversy

This chapter explores the political tensions surrounding President Trump's attempts to remove Federal Reserve Board Governor Lisa Cook, amidst allegations of mortgage fraud. It examines Cook's response, the implications for the independence of the Federal Reserve, and the motivations behind the administration's actions. The discussion raises critical questions about governance, legality, and the potential impact on monetary policy and public trust.

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