Trump Administration Accelerates Efforts to Remove Fed Governor Lisa Cook Before Key Meeting

1 min read
Source: The New York Times
Trump Administration Accelerates Efforts to Remove Fed Governor Lisa Cook Before Key Meeting
Photo: The New York Times
TL;DR Summary

The Trump administration is arguing in court that President Trump has broad powers to fire Federal Reserve officials, specifically targeting Fed Governor Lisa Cook over allegations related to mortgage fraud, as it seeks to prevent her from participating in an upcoming Fed meeting, amid legal challenges and questions about the validity of the allegations.

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