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Slate Money | Sycophantic Suck-Up Machines

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Tensions at the Fed: Politics and Mortgage Fraud Allegations

This chapter explores the escalating tensions surrounding President Trump's criticisms of the Federal Reserve and accusations against Fed Governor Lisa Cook related to mortgage fraud. It delves into the implications of these allegations on political behavior and the Fed's institutional independence amidst external pressures. The discussion also highlights the current state of financial markets, investor complacency, and the broader ramifications for economic institutions in light of political dynamics.

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